Swing Trade Oppourtunity in MANAPPURAM FINANCEBUY @ Current Price or After Crossing 113.75 .
SL @ Close Daily candle Below 109.
Target 1 - 119.
Target 2 - 125.
Reason For Trade -
Breakout the resistance of BLUE LINE and then Good pull back and from last few days good wicks formations.
RSA also in favour i.e.above 60 (Bullish).
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Mannapuramfinance
Breakout in MANNAPURAM FINANCE
Stock has given a small breakout today both on DAILY and WEEKLY charts.
Closed above previous week's high
Trading above 9 EMA; Moving Average crossover; 50 above 100 is giving a BUY signal
Fundamentally strong stock, can also hold for medium and long term
BofA initiated a BUY on this
**These are my personal observation, I have the right to be wrong**
Feedbacks are welcome.
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 .