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srikartiram
Sep 26, 2020 7:17 AM

MANAPPURAM | Seeing a Flag formation in Daily time frame Long

MANAPPURAM FINANCENSE

Description

MANAPPURAM | Seeing a Flag formation in Daily time frame & Weekly time frame shows strong rejection in downside.

After a scary H&S pattern the stock gave Wedge breakout but broad market pulled the price down again.

Personally one more strong conviction it has taken a great 20 EMA support in Weekly pattern.

CMP : 153
Strong demand zone : 140
Target : 180,190

Comment

12% so for :D
Comments
neet22
Sir, I also feel the same. It could have crossed this target after you posted the idea a few weeks earlier, hadn't the market crashed, I ended up hitting SL. Let's see if markets and it both holds strong this time. Anyways, thank you once again for continuing posting your ideas. I learn a lot as a newbie.
srikartiram
@neet22, yes it happens sometimes :D Thanks for the credits :)
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