TradingView
Rajat-Kumar
Mar 7, 2023 2:46 PM

Manappuram Finance | Long | CMP 110.40 Long

MANAPPURAM FINANCENSE

Description

Manappuram Finance CMP-110.40 Dated 6 March 2023

1. Trendline fake breakout
2. Increased buy volumes
3. MACD , Stochiastic RSI crossovers
4. Recent buy by SBI-Mutual Fund


Target1- 125.65
Target2- 140.95
SL - 100


Disclaimer :
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, please trade at your own risk.

Trade active

Entered at 109

Comment

First Target achieved.
Can ride for more profits after booking some quantity.
Still seems to go in buy direction
Comments
AMIT-RAJAN
Nice chart 👍👍👌👌
Rajat-Kumar
@AMIT-RAJAN, Thanks, for the support
amit_singh9918
Nice anyalsis sir can you tell next week target
Rajat-Kumar
@amit_singh9918, I do not have weekly target in this. I will wait for my target as mentioned in the chart . Chances are of upside only as it has also formed a hammer candle on weekly chart.
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