MANAPPURAM FINANCE: CMP:173. It crossed 200 EMA and good in voluGo for buy with keeping stoploss at 165. target is 184 to 186.
Disclamer:Please check with your financial adviser before taking any trade and also put your own analysis.
MANAPPURAM
MANAPPURAM FINANCE
All the key levels are mentioned in chart with Stop-loss and Targets
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
Bullish On Manappuram Manappuram Looks Bullish Buy at CMP - 157.5/-
Target - 176/-, 187/- 198/- +
Daily CBSL - 147
Always Book partial Profit on 10%-15%, 25-30%.
Manapuram buying opportunityManapuram is forming a inverted Head and shoulder pattern with the support of 20 Ema and a break out to the symetrical triangle. look good for a long trade. However, if you are a safe trader wait for the breakout to the green trend line.
MANAPPURAM FINANCE triangle patternMANAPPURAM FINANCE has formed a technical pattern. One can trade as soon as it breaks the pattern.
MANAPPURAMFINI'm not an expert I'm just sharing my views on MANAPPURAM FIN for next trading day
I'm not responsible for any profit or loss this is not a recommendation
Potential Cup and Handle formation in MANAPPURAMNSE:MANAPPURAM is forming a potential cup and handle formation. Breakout on the upside could take the price around 250 zone in near term.
#MANAPPURAM #FINANCE #EQUITY #STOCK #LOAN #INTEREST #DERIVATIVES#MANAPPURAM
Manappuram Finance Ltd.
CMP: 156.65
Target: 165 / 177
SL: 152
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MANAPPURAM FINANCEChart is self explanatory.
After a rally from 151 to 184 time for a minor correction to around 171. This is also supported by an overbought RSI.
From there a new rally towards 196 will resume if markets remain positive.
MANAPPURAM Finance form the Bearish Harami cross#MANAPPURAM finance form the Bearish Harami cross after a strong uptrend. All indicator on overbought zone while stock face resistance from 3rd Feb 2020 level and closed below.
Showing Overbought result in Technical Parameter:
CCI is Overbought zone
RSI is Overbought zone
William %R is Overbought zone
Stoch is Overbought zone
New short
Bearish Harami cross
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Support : 170 & 160
Breakdown : 175
LTP : 179.75
Breakout : 180
Long Target : 185 & 190
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Positive & Negative Point:
1) Very Bullish in Daily/Weekly/Monthly chart.
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(Disclaimer: This is only for educational purpose and paper treading. Learn and take advice from you financial advisor)
MANAPPURAM TECHNICAL ANALYSISONLY TRADE WHEN YOU UNDERSTAND THE CONCEPTS CLEARLY.
PROFIT IS YOURS, SO IS LOSS!!
MANAPPURAM- TAKE PROFIT EITHER SIDEI have a mixed feeling regarding the stock for now
but it is still in retracement phase
buy if above 115 for 117-119 targets
short if below 114 for 111-104 targets
as for now NBFC sector is not playing well we may see still more correction in the stock
Fibonacci yearly golden ration 1.618 is playing a main role for the second time at 115.05 level
if it cannot hold then retracement continues towards down.
All the best
MANAPPURAM FINANCE : EXTREMLY BULLISH SETUP Hey guys very good morning,
How are you doing nowadays?
If you are taking trade which is less risky and high return then you look toward manappuram finance Long at a current level (positional trade as well)
Stoploss 100
Target 118-125-135-140
Manappuram Finance - Study- Inline with Major TrendlineThe stock took good support at major trendline, providing a room for more upside. NSE:MANAPPURAM
MANAPPURAM (Manappuram Finance Ltd) SELL BELOW 162MANAPPURAM (Manappuram Finance Ltd) SELL BELOW 162
Manappuram Long setupA long TL just broke. The clogging area near the TL indicates imminent breakout with an underlying 20-50 MA crossover.
