🎯 My previous post on Mannapuram was taken down by TradingView Moderators.
🎯 The stock has performed 16% from that analysis.
🎯The chart is pretty self-explanatory as always.
🎯The price is currently consolidating at the resistance level. Must on the watch list.
⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions....
Manapuram Finance Looking Good Falling Wedge Bullish Pattern
Buy Above 141.50
SL 125
Target 155, 170,185
NOTE: POSTS HERE ARE BASED ON MY RESEARCH AND ARE FOR EDUCATIONAL PURPOSES ONLY.
PLEASE CONSULT YOUR FINANCIAL ADVISOR
BEFORE BUYING OR SELLING.
The Stock is making an inverse head and shoulder and is on the verge of the breakout and also with all the exponential moving averages crossing over the upward direction for the above mentioned targets and given Stop Loss.
Description:
We've identified a compelling swing trade opportunity in Manappuram Finance (Ticker: MANAPPURAM) based on a combination of technical and fundamental factors. Here's a breakdown of the trade setup:
Technical Analysis:
The stock has exhibited a clear upward trend, with higher highs and higher lows.
Recent price action suggests a potential bullish...
Price closed above ascending triangle, target comes around 196 which should achieve before 20th Jan 2024.
Note: It is not at all the buying and selling recommendation and this stock is in my portfolio and there is a high probability that my analysis is biased and could be possible my analysis will go wrong.
Manappuram Finance is a Non-Banking Finance Company (NBFC), which provides a wide range of fund based and fee based services including gold loans, money exchange facilities, etc.
Take position for swing as well as long term ( BUY)
Target and stop loss are mentioned in the chart
Market Cap
₹ 10,758 Cr.
Current Price
₹ 127
High / Low
₹ 133 / 81.5
Stock...
Namaste!
Manappuram Finance is in the same type of business as Muthoot Finance. Both the stocks have corrected >40% from all time highs. I think it is a good time to invest in Manappuram Finance considering following questions:-
Q: What is the good price to accumulate this stock?
A: Don’t invest more than 05-10% of your portfolio in this stock. Rs 95-97 is a...
NSE:MANAPPURAM IPS Levels for 1:3
Wizard Levels/Zones
>Hey buddy, Wait for the price to close above or below-mentioned zones. Once the price closes above or below, SUPPORT becomes RESISTANCE and RESISTANCE becomes SUPPORT.
> If you're following these zones then kindly follow the rules too. Risk management, and Position sizing.
> This is my perception of the...
Trendline broken stock !
If stock price 139 day candle closing & retest than bullish movement see in coming days! These are swing ideas which you can add your watchlist and analysis for yourself !
Keep on your radar!
This content only education purpose!
I am not sebi ragister!
NSE:MANAPPURAM
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : You are responsible for your Profits and loss, Shared for...
Buy above 144rs to the target of 150rs
If u want tip
I m dealing with
1.positional trade
2.swing trade
3.intraday trade
Feel free to contact 82696 13561
Weekly chart analysis. Stock has been trading in channel for almost last one year. Needs to give break out on upper side for long term growth.
Trading is easy --buy at lower points and sell at higher points. Trade duration should be in between 7-8 weekly candles.
we are looking MANAPPURAM bullish move.
Disclaimer:
Kind regards to all friends and members ,
Stock market investment is subject to 100% market risks. Our company is not a SEBI registered company. Please consult your financial advisor before investing. This is for learning and training purposes only. Market Traps administrators are not responsible for any...
Refer the chart for Entry,Target and SL.
NOTE: This trade is only for Equity Swing buy and not to be considered for options trading.
Please do follow Position Sizing and Risk Reward Ratio while planning any trades.
Note: This information is for education purpose only and please do your own research and consult your financial advisor prior to taking any...
