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Indianstockmarket

Mannapuram Finance for mid term 1) 3 Resistance at the top 2) Multiple supports at the bottom 3) Ascending Channel pattern is formed for more than 3 yrs 4) In Weekly time frame it shows pretty huge buying pressure,which is a good sign for buying 4) Whenever it touches the supports, it gives pretty decent returns by holding at least for 3 to 4 months 5) Risk Reward Ratio 1:4 Disclaimer : Just for education Purpose. Caution before get in to trading. Thanks Happy Trading :)
NSE:MANAPPURAMLong
by VigneshvarMylsamy
1
LTTS LONG BUY - IT BOOMING AGAIN !!The stock is at a good support level and also near the trendline support, following from July 2021. As IT sector started booming again , as per my view, We may see this stock hit 6500 in near weeks. IT sector view : looks bullish for next couple of weeks (Below in the Weekly chart of CNXIT) The stock is a good pick for swing trade, has a good reward to risk ratio (~ 1.9) Trade Details: Entry: 5650 or below Stop Loss : 5300 Target: 6300, 6500 Duration: 3-4 weeks The stock has a earning release today, 17 Jan 2022 we may see a gap up in opening today. Stay Safe, Happy Investing:)
NSE:LTTSLong
by Rajat_the_HERO
2