Buy on daily close abv 126. stop loss 106 on closing basis target 1-173 ( May 2023). Target 2 -215 ( Sept 2023) Disc : It's not an investment advise to buy or sell. Do your research
Mamappura looking good for long term All views are shared only for educational purposes
📊 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...
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...
Chart -> Manappuram Finance Daily After a brief downtrend, the stock is trying to create a base with a cup and handle formation breakout and volume. CMP: 116 Targets: 126, 147 Good range: Around 110 SL: 106 Daily close Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your...
Watchlist #MANAPPURAM (D):-CMP 116.7 Looks Good for more upsides :)
Mnappuram finance daily chart looking good by breaking horizontal trendline and closed above with gaining volumes from last three days and created a strong bullish pattern (THREE WHITE SOLDIERS) it could be a resumption of bullish trend in it and volumes indicating further good upwards movement will continue in it. CAUSE OF LONG-: 1-Breakout on horizontal...
NSE:MANAPPURAM 📌 Levels are mentioned on chart for ❝Swing trading❞. These are original and unique patterns that can achieve their target almost 80-90% times. ☆ Please check the description section ⌨ for early entry level in given stock ₪ to get better Risk to Reward (☈☈) ratio. ☆ Kindly ❤ like & share ➥ this pattern. Comment ⎚ with what do you think. Follow me...
🔴DISCLAIMER ***** It's just for an educational purpose, So you must also follow your own technical analysis before taking up the trades ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have...
Highly probable trade with a good risk to reward ratio.
MANAPPURAM has successfully taken support at its long-term trendline for the last 6 years. The stock has touched this trendline and bounced off of it every two years since December 2016 (as shown in the chart). Another bounce happened in May 2022 and the price is still in a buy range. This looks like a good place for accumulation. Price targets can be 126, 145,...
Manappuram is forming a cup and handle pattern. can go long from here for a target of 112. 112-115 will act a resistence above which can expect a smooth move till 126. can go long with a sl of 97.
This stock has witnessed a huge spike in volumes in the last trading session. Its near strong resistance. If it is able to cross it with good volume then we can see a good upmove
Manappuram Finance : Price action ,Rsi and macd Indicators are suggesting to buy , but above 107 ...
MANAPPURAM Showing bullish Trend in Monthly TF, with very good risk rewards.
It seems Malappuram is a multi bagger in the making which can see 400 + in the next 2 years Analysis : After a 5 wave impulse move completing wave 1 of the Primary in January 2010. It went in to a complex correction finally forming a FLAT structure that corrected to the 0.618 Fib level completing the wave 2 of Primary. So now its all set for wave 3....
Manappuram Fin is trading near a key trendline support. Stock has always become 2.5X to 3X after taking support on this trendline. Positive on the stock. Any further downside will be a good opportunity to add. SL below the trendline support (only on a close below the trendline on monthly candle)
Manappuram Finance is taking support here, upside marked in chart.