MANAPPURAM
MANAPPURAM FINANCE Fall & Detailed AnalysisHi guys this is Trader Kanishk
In this video i have analysed NATIONAL ALUMINIUM
Points discussed in the video:
Why to go long
has it taken support
trendline breakout
new support levels
new targets
new stoploss levels
entry levels for sharp entry
and many more.
Please
Watch the entire video and
GO for It
DISCLAIMER
Every thing i have discussed in this video is only for educational purpose, do not consider this as a tip, or i am not saying you to buy or sell the stocks. This is all upto you. I am only sharing my analysis and views up to you. Trading is risky, so manage your risk reward before getting enter into any position.
One more very important thing
Guys let me tell you that i am a trader and a trader have a winning probability of 50-65% no any trader is there who have a winning ratio of 100% . Who says you that i am having a 100% winning strategy then F**k these type of people and try to be correct only 50 - 60 % of time which will give you a lot of money if you properly follow the risk reward ratio .
(Intraday) Buy! Manappuram Finance
1. Manappuram Finance Yesterday closed at 1.27 level. It may extent to 1.61level
2. On drawing , Cypher Pattern on the above AB-CD 1.27 Level with 78.6% Level.
3. But , Still a confirmation is not done.
4. to keep the trading safe.
Buy above 117.5 Target: 119 , 120( Day Trend Line) , 123 , 125
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MANAPPURAM- BULLS OR BEARS??????I sense a deeper analysis of manappuram will give us the range from 123-165 for some time
You may easily enter and trade as it is in range of higher highs and lower lows in a channel,
The channel is uptrend
Ichimoku indicates a recent breakout
kumo cloud senses bullish
for tomorrow
enter above 128-129
for safe target of 132
If opens on downside below 126, is it better to not take short position as it ma be in sideways if goes down the range or breaks channel
All the best