Search in ideas for "MANA"
Manappuram Finance: Short term target in 1-2 monthsManappuram Finance:
Short term target in 1-2 months.
Disclaimer: This information provided here is for only educational purpose. My intention is not to provide any financial advice, training advice, or any type of advices or any recommendations. Please do research and consult with your financial advisor before taking any action.
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)
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 .
MANA: Bullish Breakout Alert! Watch for Confirmation💎 MANA has broken out of a descending channel, forming an inverse head and shoulders pattern, indicating a potential bullish reversal. Additionally, the price action is showing signs of bullish momentum, further increasing the likelihood of a bullish move.
💎 If MANAUSDT successfully breaks above the resistance level, it may signal a continuation of the bullish trend. However, if MANA experiences a pullback, it would be prudent to wait for it to reach the next support level + bullish Order Block (OB) zone before considering entry. A bounce from this area could provide a favorable entry point.
💎 On the other hand, if MANA breaks down below these levels or exhibits panic selling behavior, it may be wise to avoid trading it until the market conditions stabilize and clearer signals emerge.