Long

Long Set up in ManInfra

Updated

Long ManInfra around 71 and buy any dips till 65 with SL of 53 on WCLBS. I have shared this stock to my friends around 35 but have not posted here as I rarely post. I feel it has more to go.

Observations -
Cup formed, have to see whether it will form a handle or will do with round bottom alone.
On the verge of Parallel channel breakout.
Looking at the volume, last week's volume is already half covered on first day of the current week.
horizontal breakout done at 69 with good volume

I am not an analyst. Just publish my knowledge and shared with my friends.

Trade active

Second Set bought at 66 Now again trading above 70..
So First entry at 70.6 Then at 66, Holding average at 68.3

Note

Late update - Target 1 was almost achieved last week and it now trading above first target of 90..

Note

Target 2 is done and dusted now.. Trading at 112.35 now. 68.3 to 112.35 whopping 64% in very short term under 2 months and in a such a volatile market. Book half here and hold the rest for 160+

Note

MAN INFRACONSTRUCTION LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/10/2021 ,inter alia, to consider and approve Pursuant to Regulation 29 of SEBI Listing Regulations, we wish to inform you that the Meeting of Board of Directors of the Company will be held on Monday, 4th October, 2021, inter-alia, to:

1. Consider and declare Interim Dividend for the Financial Year 2021-22; and
2. Consider and recommend Issue of Bonus Shares and matters related thereto.

Note

Boom Boom in ManInfra, Money doubled already my friends booked around 112 and I am still holding for 160+ and the bonus.

Trade active

160+ done today before the bonus and bonus shares will be created.. Waiting today and will be booking some tomorrow.

Trade active

Still holding full considering the stock's PA. Will be holding for 140+ which is like 210 before bonus.. But I already placed my GTT at 140 for 50% of the qty.

Note

Forget about 140 before bonus, we have 210 also hit, now ATH 147.75 after bonus and adjusted entry of 47.33, long hold given the fruitful profit.. Still a hold for 200.

Note

Posted a new idea with updated chart. Looking forward for 200/240

Roundbottomfan

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