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gurudharma
Aug 19, 2020 7:41 AM

MANAPPRM FINANCE PRIVATE LIMITED Long

MANAPPURAM FINANCENSE

Description

MANAUPPURAM FINANCE PRIVATE LIMITED.

TRADE TAKEN BASED ON UP TREND CORRECTION.

IT AGAIN POSSIBLE TO RETEST THE ALL TIME HIGH.

SL: FOR THIS TRADE SET UP: WHEN DAILY CANDLE CLOSE BELOW THE WEEKLY DEMAND ZONE.

TARGET FOR THIS TRADE: 188.

TIME TAKEN FOR THIS TRADE: 10 TO 12 DAYS.

RISK REWARD FOR THIS TRADE: 1:2.6

Comment

EXIT THE TRADE WITH COST TO COST

REASON: LOTS OF RESISTANCE ACTING IN BETWEEN THE TARGET, DUE TO THAT POSSIBLE TO CHANGE THE TREND DIRCTION. BASED ON THAT EXIT THE TRADE WITH COST TO COST.
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