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MANAPPURAM

Manappuram Finance ( Reverse or Good Breakout )Stock Analysis: NSE:MANAPPURAM ( Reverse or Breakout ) Overview: Current Price: ₹224.23 Timeframe: Monthly Chart Key Levels: Resistance Levels:** ₹225 (significant), ₹233.04 (major), ₹315.42 (potential target if breakout occurs) Support Levels:** ₹190.00 (recent low), ₹160.00 (significant support) Price Action: The stock is currently approaching a major resistance level at ₹233.04. A breakout above ₹233.04, accompanied by strong volume, could signal a continuation of the uptrend towards ₹315.42. Conversely, failure to break above ₹233.04 may result in a potential reversal towards support levels like ₹190.00 and ₹160.00. Volume Analysis: - Increasing volume could support a breakout above ₹225. Conclusion: - Watch for a closing price above ₹225 as an indication of potential bullish momentum in Manappuram Finance. - Confirmation with strong volume is advisable for assessing sustainability of any breakout - Be mindful of support levels at ₹190.00 and ₹160.00 in case of a reversal scenario.
NSE:MANAPPURAM
by Maker-X1906
1
MANAPPURAM - Bullish Swing ReversalNSE: MANAPPURAM is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:MANAPPURAMLong
by BrahmaBull31
Breakout In Manappuram Finance !Manappuram Finance has just demonstrated a noteworthy breakout from an Ascending Channel pattern, which has helped it hit 52-week high levels. A general bullish biasness towards the stock is indicated by this upturn. After carefully examining the daily charts, it is apparent that a Change in Polarity (CIP) pattern has developed near the Rs 131 price level. The stock's upward trajectory is thereby strengthened. Along with this, the stock price managed to sustain above crucial moving averages i.e. 50,100, and 200 SMA. Hence, strong bullish momentum can be expected in upcoming few weeks. CMP: 146 Buy above 154. Target: 185-190 Stoploss: 138. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital. #Follow us for more such information and educational ideas. Give it a like if you appreciate the idea. Queries will be answered in comment section.
NSE:MANAPPURAMLong
by InvestyourAsset
MANAPPURAMMANAPPURAM:- Ascending triangle pattern is formed, breakout is found and if it comes out above 132 then you can plan something, till then keep your eye on the stock. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning.
NSE:MANAPPURAMLong
by AjayDhakad_Keep_it_simple
MANAPUPURAM ---MULTIBAGGER 2023MANAPPURAM -- Monthly chart setup - GOLDEN YEAR 2023 1. stock trading at Monthly upper channel , channel lower level support seen around 100-105 level from then continuation to upward channel 2. Gold price appreciation this year gold price hit all time high, that boost fundamentally. 3 . Normalized smooth MACD shown at positive crossover point 4. Double bottom support seen at trend reversal around 80-85 level 5. potential upside 50-80% from current level 115-118 target 150-180-200 n 1 year, stop loss bellow channel and trendline support at 75 ** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. Trade at own risk !! ** HAPPY TRADING. !!
NSE:MANAPPURAMLong
by champtrade111
MANAPPURAM FINANCE LTD - Crossover Trade📊 Script: MANAPPURAM (MANAPPURAM FINANCE LIMITED) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY 500 / NIFTY MID CAP / NIFTY FINANCIAL SERVICES 📊 Sector: Financial Services 📊 Industry: Non Banking Financial Company (NBFC) Key highlights: 💡⚡ 📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it. 📈 MACD is giving crossover. 📈 Double Moving Averages also giving crossover. 📈 Volume is increasing along with price which is volume breakout. 📈 Current RSI is around 70. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 116.65 🟢 Target 🎯🏆 - 138 ⚠️ Stoploss ☠️🚫 - 106 ⚠️ Important: Always maintain your Risk & Reward Ratio. ⚠️ Purely technical based pick. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat🔁 Happy learning with trading. Cheers!🥂
NSE:MANAPPURAMLong
by radha_23
MANAPPURAM - Ichimoku Bullish Breakout Stock Name - Manappuram Finance Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 117 #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. # Cloud Trading # Ichimoku Cloud # Ichimoku Followers I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, it motivates me to do analysis.
NSE:MANAPPURAMLong
by nikunjbhadja