Mannapuram finance: Stock have broken it's previous swing rangeMannapuram finance have broken previous swing range with volume. Looks good to build momentum long position from here.
MANAPPURAM
MANAPPURAM FINANCE is always a little tricky ? BUY TIME !BUY between 171-173 on green candle closing basis
STOPLOSS at 167
TARGET 1: 180
TARGET 2: 185
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STBT TRADE IN MANAPURRAM FIN DEC (FUT)STBT TRADE IN MANAPURRAM FIN DEC (FUT)
VIEW
-AFTER A EXTENDED RALLY AND CORRECTION THE STOCK HAS LOST MOMENTUM FOR FURTHER GAIN
-STRONG SUPPORT BROKEN
-SUPPORT-TURN-RESISTANCE
TRADE VIEW
DEC FUT
SHORT @159.5
STOP@161
TARGET @156.5
QTY:6000
LOT:1
Manappuram short nov2019Ok so this rectangle size box is only hope for this stock to continue this upside momentum, I will look to short below this box and this looks good for 8-10% downside move. Actually I was long in this and just got a good exit today now suddenly it is looking good for downside too and I thought why not. Let’s see..
And guys please do your own study before any trade, I do this to record my trades only..
STBT TRADE IN MANAPPURAM FINANCE !!(FUT)!!STBT IN MANAPPURAM FINANCE
VIEW
:-DARK CLOUD COVER
:-RSI OB ZONE
:-PROFIT TAKING ON THE CARDS
TRADE IN 28TH NOV FUTURE CONTRACT
SHORT @171.5
STOP @173.5
TARGET @168.25
LOT:6000
QTY:1
MANAPPURAM weekly chart analysis for bulls who are in profitThings that bulls who are already riding on profits can do now:
1.a) Hold with a save profit at 132 if you want to preserve your profit and let the profits run and keep trailing your save profit order higher and higher with every bullish move.
1.b) Book partial profit at logical targets 163(CMP)-180-205-250 based on Fib extension with a save profit at 132 if you want to preserve your profit. Expecting more bullish move until mid July 2020
2) Wait for a retracement and add more at 115-104 levels to your existing position if you planning for a long term trade.
INTRA-DAY SHORT TRADE IN MANAPPURAM FIN !!(FUT)!!INTRA-DAY SHORT IN MANAPPURAM FIN
VIEW:-RSI REVERSAL SPIKE
BEARISH CANDLE
TRADE IN NOV FUT
SHORT@168.25
STOP@170.75
TARGET@165.75
LOT:6000
QTY:1
Hemraj Prajapat | MANAPPURAMHemraj Prajapat Trade Plans: Sell Below 113.5 with the Stop Loss of 115.75
Manappuram at support zone.Manappuram at support zone it can give 50% upside currection before dipping to downside.
If support level breaks to downside then shorting opportunity first target would be 100.
Manappuram | Good Demand areaManappuram is currently trading on a trendline support, where we could also see a demand area. With their nature of business involving gold and the yellow metal gaining strong every week, it should be good news for the company with improving loan to value. Stock is a good buy right away. Least case, the script should retest 144 again.
(Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or investment ideas. Trading in Stocks, Futures and Options carry risk and is not suitable for every investor. Hence it is important to do your own analysis before making any investment or trading decisions based on you personal circumstances and it is always better to take advice from professionals)
Long in Manappuram FinanceTriangle breakout in Manappuram Finance.
But at: 139-140
target: 150
SL : 134
Manapurram : Will it be shower of Gold ?Buy Manapurram Finance in dip at 136 and 132 with stop loss below 125 for target 155-168. It has closed above life time high with huge volumes . MACD is positive with short term is well above mid term average. 126-128 is major support zone. Moving averages are also showing bullish momentum in short term.
#manappuram ready to break life high @in_tradingviewNSE:MANAPPURAM
Closing above 135 is imp
Only for Study Purpose
Manappuram finance in major uptrendVery good financials. Near all time high of 130. If it is able to break 130 then will continue in its uptrend.
Compounded Sales Growth
5 Years: 83.34%
3 Years: 19.86%
TTM: 14.23%
Compounded Profit Growth
5 Years: 86.63%
3 Years: 35.29%
TTM: 22.00%
Return on Equity
5 Years: 17.18%
3 Years: 19.02%
Last Year: 18.63%
MANAPPURAM Flag Breakout Expected MANAPPURAM is moving in an upward channel and has been consolidating after a good bullish move with good volume , breakout from flag expected tomorrow . Can go long once it closes above the flag , Stop loss for 124.5 and targets for 130 and then expecting a new higher high .
Manappuram at resistance level, keep it in watch list.Manappuram finance is at crucial resistance level. Keep an eye on it.
Manappuram near all 52 week high , a strong sign of momentum itsentry @ 117/118
sl 111
target 160/250
