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Mankindpharma

MANKIND Pharma Ready to blastNSE:MANKIND Nice breakout, with volume surges. Now trying to retest Support. Good to keep on the radar Always respect SL & position sizing ======================== Trade Secrets By Pratik ======================== Disclaimer NOT SEBI REGISTERED This is our personal view and this analysis is only for educational purposes Please consult your advisor before investing or trading You are solely responsible for any decisions you take on basis of our research.
NSE:MANKINDLong
by Trade_Secrets_By_Pratik
Mankind Pharma cmp 2578.30 by a Weekly Chart view since listedMankind Pharma cmp 2578.30 by a Weekly Chart view since listed - Support Zone 2400 to 2500 Price Band - Resistance Zone 2675 to 2785 Price Band - Symmetrical Triangle Breakout well sustained - Back to back Bullish Rounding Bottom with Resistance Zone neckline - Most common Technical Indicators BB, EMA, SAR, MACD, RSI turning positive - Good Volumes increase, well above avg traded quantity by demand based buying - Rising Price Channel well respected basis testing retesting by upside price momentum
NSE:MANKIND
by PIYUSHCHAVDA
MANKIND PHARMA – Descending Triangle Breakout________________________________________________________________________________📈 MANKIND PHARMA – Falling Trendline Breakout | Strong Reversal Candle | Volume Spike 🕒 Chart Type: Daily Chart 📆 Date: July 9, 2025 ________________________________________________________________________________ 📌 Price Action: MANKIND PHARMA has executed a decisive breakout above a falling trendline on the daily chart, breaking out of a multi-week descending structure. The price action had been consolidating within a triangular pattern, and on July 9, it registered a powerful wide-range bullish candle, closing at 2526.60 — well above the recent consolidation highs. This move came from a structured base with two strong pivot lows and now places the stock back into a strong bullish trajectory. The breakout is not random; it’s backed by structure, momentum, and confirmation — suggesting potential for a trend continuation if sustained. ________________________________________________________________________________ 📊 Chart Pattern: The chart shows a descending triangle breakout with compression near the apex. This setup builds pressure and usually resolves in the direction of volume. The move out of this pattern has occurred with authority, marked by a clean range expansion and bullish follow-through above resistance. This is a momentum-confirming breakout, which opens up room toward testing higher resistance zones. ________________________________________________________________________________ 🕯️ Candlestick Pattern: Strong Bullish Candle Open = Low (Intraday strength) Buy Today, Sell Tomorrow-type price action Aligned with Volume Spike and Trendline Breakout ________________________________________________________________________________ 🔊 Volume Analysis: The breakout is accompanied by more than 2x the 20-day average volume, signaling real participation — not just speculative noise. Delivery volumes are notably strong, and volume came after a phase of tight consolidation, which indicates a possible transition from quiet accumulation to active participation by stronger hands. ________________________________________________________________________________ 📈 Technical Indicators: RSI (Daily): 66 – strong, trending up MACD: Bullish crossover, both on Daily and Weekly CCI: 220 – highly bullish momentum territory Stochastic: 94 – overbought but confirming momentum SuperTrend & VWAP: Clearly bullish Bollinger Band: Price is expanding beyond upper band — volatility expansion in motion ________________________________________________________________________________ 🧱 Support & Resistance: 🔻 Supports: 2448.27 – Immediate support (previous breakout zone) 2369.93 – Structure base support 2322.27 – Last defense before breakout invalidation Bottom Range / Demand Zone: 2115.1 – Long-term accumulation zone 🔺 Resistance Zones: 2574.27 – First supply zone; watch for price reaction 2621.93 – Medium-term resistance; previously rejected here 2700.27 – Higher timeframe swing resistance Top Range: 2998.4 – Long-term resistance; breakout confirmation if crossed ________________________________________________________________________________ 👀 What’s Catching Our Eye: What stands out is the confluence breakout — trendline, structure, volume, and indicators are all pointing in the same direction. The BB squeeze, RSI breakout, and strong candle together make this a multi-signal setup — rarely do we get such alignment across tools. ________________________________________________________________________________ 🔍 What We’re Watching For: Will the price hold above 2448–2526 for the next couple of sessions? If yes, this breakout can see momentum continuation toward 2574+. Any low-volume pullback toward the trendline or support zone could be a low-risk re-entry. If it fails to hold above the breakout candle, momentum could fade. ________________________________________________________________________________ ✅ Best Buy Level for Equity (Low Risk Idea): Entry: Above 2543.60 (post-breakout confirmation or clean retest of 2448–2455 zone) Stop Loss: 2404.95 (on a closing basis) Risk Reward Strategy: 1:1 initially, trail for 1:2+ if volume expands Avoid chasing: Let the price validate with sustained volume above breakout ________________________________________________________________________________ 💼 Sector Tailwinds: The pharmaceutical sector is seeing renewed investor interest post-COVID, with growing focus on specialty products, chronic therapy lines, and export-led growth. MANKIND is among the strongest consumer-pharma brands with consistent results and brand recall — adding fundamental strength to this technical breakout. ________________________________________________________________________________ ⚠️ Risk to Watch: A close below 2448 could invalidate this setup The overbought Stochastic means minor pullbacks or shakeouts are possible Don’t chase — always confirm the breakout with a retest or follow-through candle Over-positioning during volatility can lead to poor R:R trades ________________________________________________________________________________ 🔮 What to Expect Next: If this breakout holds, we may see follow-through toward 2574.27 in the short term. Strong volume above 2540+ can unlock upside toward 2621+. However, if the price closes below 2448, we may be dealing with a failed breakout — a scenario to strictly avoid. Watch next 2–3 sessions for clarity. ________________________________________________________________________________ 🧠 How to Trade MANKIND PHARMA (For Educational Use Only): 🔹 Breakout Trade Plan Entry: Above 2543.60 Stop Loss: 2404.95 (Closing basis) Pullback Entry: Into 2448 zone with bounce candle Risk-Reward: Start with 1:1, then trail to 1:2+ Position Sizing: Risk-calibrated, never go all-in ________________________________________________________________________________ ⚠️ Disclaimer (Please Read): • This chart is shared for educational purposes only and is not investment advice. • I am not a SEBI-registered advisor. • The information provided here is based on personal market observation. • No buy/sell recommendations are being made. • Please do your own research or consult a registered financial advisor before making any trading decisions. • Trading involves risk. Always use proper risk management. ________________________________________________________________________________ 💬 Found this helpful? What’s your ideal approach to this setup — breakout entry or pullback into zone? Drop your thoughts or questions in the comments below ⬇️ 🔁 Share this post with your trading community ✅ Follow STWP for clean technical setups backed by price action and volume 🚀 Let’s trade with patience, logic, and clarity! Be Self-Reliant | Trade with Patience | Learn with Logic ________________________________________________________________________________
NSE:MANKINDLong
by simpletradewithpatience
MANKIND PHARMA : Trending Stock#MANKIND #swingtrading #breakout #trendingsetup #momentumtrade MANKIND : Swing Trade >> Trending setup >> Breakout & Retest done >> Momentum Trade setup >> Good Strength & Volume Dry Setup >> Low Risk High Reward Trade Swing Traders can lock profit at 10% and keep trailing Pls Boost, follow & Comment for more Learnings Disc : Charts shared are for Learning purpose, not a trade recommendation. Consult your financial advisor and do your own research before buying
NSE:MANKINDLong
by moneyfesttrading