Manappuram FinanceManappuram made low of 139.10 which is strong support level
Also you can see Hammer at support level in 1W chart.
Only for study Purpose.
@KD3051
Search in ideas for "MANA"
Manappuram Finance_ShortManappuram Finance CMP 158.6 trading in range of 8 Points...IF it starts to trade below today low for few min than we can see more downside in Stock towards 155/151 levels..View will be invalid if closes above 169
MANAPPURAM | Trying a small channel swing MANAPPURAM | Trying a small channel swing
CMP : 162
SL : 155
Target : 186
1:2+ risk reward setup
MANAPPURAM | Quick 6% positional opportunityMANAPPURAM | Quick 6% positional opportunity
CMP : 170
SL : 167
Target : 182
1:3+ risk reward setup.
MANAPPURAM | Breakout from channel - Looks good for 10%MANAPPURAM | Breakout from channel - Looks good for 10% - RSI breakout happening aswell
CMP : 179
SL : 170
Target : 195 or Open
Manalipetc- Ascending Triangle PatternMANALIPETC- daily chart trading between the triangle pattern and currently stock trading at 38.70 level and stock started forming volume from support with morning and now possibly stock can break 38.70 level and sustain above this, and we can see possibly movement towards 43.00/48.00 levels in coming days with the help of 34.00 support level.
MANAPPURAM FINANCE - CNH - RK23MANAPPURAM FINANCE - CNH - RK23
07 JAN 2021
CMP 176.75
If price sustains above Trendline and 180, Buy
SL 155
TGT 191 / 220
Trail your SL if the trade goes in favor.
For learning purpose only.
Manappuram Fin.Manappuram Fin. there is a possible inverted head and shoulder pattern wait for the breakout.
MANAPPURAM BROKE RESISTANCE OF 169MANAPPURAM BROKE RESISTANCE OF 169. WAIT FOR CORRECTION.
TARGET : 189 ;
STOPLOSS : 165
Manappuram Parallel Channel Breakout PossibleManappuram is forming a parallel channel and is going to face heavy resistance around 180 zone, because it is also forming an ascending triangle pattern in 1W timeframe, the red line below is showing great support thus breakout is hard to occur, breakout possible. Current targets 180,200. SL is the bottom red line
MANAPPURAM FINANCE Elliot wave StructureMANAPPURAM FINANCE Elliot wave Structure
May move upto 195 minimum if sustain above the line drawn as resistance line....!
Trade on you own risk.
Thanks
MANAPPURAM FINANCE (1D)MANAPPURAM FINANCE (1D) Candle
Created three horizontal line where it takes support & resistance.
Top Horizontal resistance line(Green) price - 169.80
Middle Horizontal support line(Light brown) price -153.50
Bottom Horizontal support line(Red) price -139.60
Trade according to the Horizontal lines.
MANAPPURAM FINANCE LONG VIEWMANAPPURAM FINANCE SPOT LONG ABOVE @171 for Levels -181/195.
VIEW NEGATED BELOW - 159.50 (DCB).
MANAPPURAM | Making of Cup & Handle in Weekly time frameMANAPPURAM | Making of Cup & Handle in Weekly time frame. I see some good momentum is building up in Daily time frame.
CMP : 161
SL : 150
Target : Open or around 260 (Fib)
MANAPPURAM | Respecting the trendline -Can try a small swing 16%MANAPPURAM | Respecting the trendline -Can try a small swing 16%
CMP : 158 (Dip upto 154)
SL : 151
Target : 182
MANAPPURAM | Seeing a Flag formation in Daily time frameMANAPPURAM | Seeing a Flag formation in Daily time frame & Weekly time frame shows strong rejection in downside.
After a scary H&S pattern the stock gave Wedge breakout but broad market pulled the price down again.
Personally one more strong conviction it has taken a great 20 EMA support in Weekly pattern.
CMP : 153
Strong demand zone : 140
Target : 180,190
Manappuram Finance fut Daily analysis - CMP 153.3 buy for TargManappuram Finance fut Daily analysis - CMP 153.3
buy for Target 158- 163- 165- 169.45- 175- 180- 185+
SL 139.9
Getting ready Bearish Bat Pattern
Manappuram may runn bullish Manappuram is showing a possible bullish breakout. it is going to open at a gap and slowly move upwards.
MANAPPURAM FINANCE AT 158 TGT 175MANAPPURAM FINANCE IS A LEADING GOLD LOAN COMPANY DOING GOOD BUSINESS DURING THE PERIOD DUE TO HIGH GOLD PRICE AND THEIR ONLINE GOLD LOAN MODEL IS NOT AFFECTING BUSINESS MUCH.
