I strongly believe that bitcoin gonna break it's all time high since a healthy correction has taken place also it manages to maintain the volume and support and we witnessed a drastic bounce from the support.
#IIFLWAM is ready for its ATH level breakout, here in chart you can see good bullish hammer candle with high volume ever in this stock. above 1664 looks good for #swing trade, do not enter without proper Risk management. this is for educational purpose.
Stock has been able to break previous ATH on 2nd attempt.
Stock needs to break upper TL for more upside
It can come to test BO zone before moving up - will be good for swing in that case.
Good above 6430 only.
Stock has a tendency to form rounding bottom and give BO after consolidating for couple of weeks.
Once can see drying of volumes during consolidation phase
Risen from the golden Fibo level of 61.8% in May
Today stock has given ATH closing
Stock seems set to make another high in coming sessions, targetting 8-9% move
Manappuram has given trendline breakout on 12th july and after a successful retest of trendline is now looking ready to blast.
Today it has also broken its ATH of 194.8 made on 29th January 2020 with heavy volumes after the retest.
RSI has a steep upward curve which shows bullish momentum might continue.
Stoploss might be kept below trendline at around 175-177...
Check the chart
Great fundamentals.. I am bullish on this stock for long term.. can be a value pick around Rs 250
However if you are looking for short term profits an ATH Breakout happened today..All details on the chart