TradingView
amankavi
May 18, 2017 10:27 AM

Manappuram - on dip reversal Short

MANAPPURAM FINANCENSE

Description

If reversal then
TP = 98, 105
SL = 87 (Ignore the narration for TP mentioned in chart)
Audited result due on 25th May

Comment

Crossed 90. RSI also moving upwards
Rally for short term begins towards resistance level..

Trade active

Consolidation seen. Resistance level could be seen in another couple of days.

Trade active

Crossed 98 resistance level.. ✓
If the scrip manages to cross beyond 💯, 105 and beyond could be next

Trade active

Continuous buying and bulls have taken control after short reversal..Could see the scrip crossing resistance 2 soon..

Trade active

Nearing crucial resistance levels with strong bullish surge in the ascending surge

Bearish Divergences arent working on the trend..

Trade active

Resistance 2 target had been achieved and still holding the scrip till it is in ascending channel with minor corrections :)
More