Trend buy in dips till 120. Target 200+ RR: 1:3Mannapuram Finance Spot cmp 146
Weekly Support 140-120
If not broken 190-220-230 soon
Stop Loss: 120
Trade with strict SL always
MANAPPURAM trade ideas
Manappuram: Point of Confluence ? Point of Confluence is price at which multiple technical indicators indicate towards same direction.
My predictions will be :-
Buy: 135.5 - 136.5
Stop loss: 133
Target: 142
Manappuram - can you expect upward journey This is for your observation only. I am not a SEBI registered.
Your Loss or profits based on this logic are not responsible
Do your due digilence before entry.
Manappuram in trend Manappuram looking good for long
CMP : 125
Easy target : 131
Final Target : 143
SL: 118
Stay Tuned for NutsWait for Yellow Line Breakout.
Disclaimer : Levels are for educational Purpose. Consult with your financial Advisor and take care of your Investments.
Manappuram W Pattern and Bullish Flagstock made W pattern over a duration of 1 month and bullish flag in recent trading day 29/5/2020
can go long above 128.40 for swing trading
target for intraday - 131, 135, 138
Target for swing trade 147
(Intraday) Buy! Manappuram Finance
1. Manappuram Finance Yesterday closed at 1.27 level. It may extent to 1.61level
2. On drawing , Cypher Pattern on the above AB-CD 1.27 Level with 78.6% Level.
3. But , Still a confirmation is not done.
4. to keep the trading safe.
Buy above 117.5 Target: 119 , 120( Day Trend Line) , 123 , 125
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Must Buy: Manappuram reversal from strong support zone.Manappuram is getting reversed from a strong support zone.
Manappuram Finance IdeaManappuram Finance near Trendline support around 119.
If it reverses, can initiate a buy with 115 as SL for target of 130, 150.
If it breaks trendline support on downside, then can be shorted with 125 as SL.
MANAPPURAM IS NEAR FIBONACCI 38% levelas we can see nice correction in this stock and also reports are good and now price are near trade line and fibonacci 38% level so lats see what's happen tomorrow
Manappuram at supportWe can enter for the long position if Manappuram close above the trendline
Levels mentioned on chart
MANAPPURAM- BULLS OR BEARS??????I sense a deeper analysis of manappuram will give us the range from 123-165 for some time
You may easily enter and trade as it is in range of higher highs and lower lows in a channel,
The channel is uptrend
Ichimoku indicates a recent breakout
kumo cloud senses bullish
for tomorrow
enter above 128-129
for safe target of 132
If opens on downside below 126, is it better to not take short position as it ma be in sideways if goes down the range or breaks channel
All the best
