MANAPPURAM trade ideas
MANAPPURAM FIN LONGBuy MANAPPURAM FIN for Target 1= 114 Target 2= 124
with SL below 89
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
MANAPPURAM | Good swing trade opportunity !!!RRR 1:5 earning opportunity Swing Trade…
CMP: 90.40 (Buy @ 92.70)
SL: 81.50
Target: 109.05 | 126.15 | 153.70
( Targets calculated on the basis of Fib. and previous swings )
Disclaimer:
I am not a SEBI registered analyst. My studies are for educational purposes only. Please consult your financial advisor before trading or investing. I am here just to share my views and have fun!!! Don’t take me seriously…..
Happy trading !!!
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).
Please Like.
MANAPPURAM FINANCE LTD - Crossover Trade📊 Script: MANAPPURAM (MANAPPURAM FINANCE LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500 / NIFTY MID CAP / NIFTY FINANCIAL SERVICES
📊 Sector: Financial Services
📊 Industry: Non Banking Financial Company (NBFC)
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD is giving crossover.
📈 Double Moving Averages also giving crossover.
📈 Volume is increasing along with price which is volume breakout.
📈 Current RSI is around 70.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 116.65
🟢 Target 🎯🏆 - 138
⚠️ Stoploss ☠️🚫 - 106
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat🔁
Happy learning with trading. Cheers!🥂
MANAPPURAM - Ichimoku Bullish Breakout Stock Name - Manappuram Finance Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 117
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
Trying to forget downtrendChart -> Manappuram Finance Daily
After a brief downtrend, the stock is trying to create a base with a cup and handle formation breakout and volume.
CMP: 116
Targets: 126, 147
Good range: Around 110
SL: 106 Daily close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
MANAPPURAM SIMPLE PRICE ACTION DAILY CHART WITH GAINING VOLUMES Mnappuram finance daily chart looking good by breaking horizontal trendline and closed above with gaining volumes from last three days and created a strong bullish pattern (THREE WHITE SOLDIERS) it could be a resumption of bullish trend in it and volumes indicating further good upwards movement will continue in it.
CAUSE OF LONG-:
1-Breakout on horizontal resistance trendline and closed above
2- Gaining volumes
MANNAPPURAM FINANCE SWING TRADE IDEANSE:MANAPPURAM
📌 Levels are mentioned on chart for ❝Swing trading❞. These are original and unique patterns that can achieve their target almost 80-90% times.
☆ Please check the description section ⌨ for early entry level in given stock ₪ to get better Risk to Reward (☈☈) ratio.
☆ Kindly ❤ like & share ➥ this pattern. Comment ⎚ with what do you think. Follow me on social media ( Link in bio_) for more updates and announcement 📣 regarding stock analysis.
▣ Key Highlights:
➟ Timeframe Weekly Ⓓ
➟ Cup and Handle Breakout
➟ Trend line ⍩
➟ Rounding Arc ◡
➟ Unique Confluence Ⓤ
📌 Levels are:
Entry 1: ▲ 110 ( small qty )
Entry 2: ▲ 95 ( rest qty )
SL: ✘ 75
Target 1: ➚ 125
Target 2: ➚ 150
RR: ☈ 1:2.5
Return: 20%-40%
Do your own study before Trade!!!
Thank you. Happy Trading!!!
Best Regards,
𝘿𝙧. 𝙎𝙝𝙖𝙢𝙧𝙖𝙟𝙖 𝙉𝙖𝙙𝙖𝙧
𝙋𝙝𝘿 𝙞𝙣 𝙏𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙮.
✬ Disclaimer ✬
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on evaluating their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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MANNAPURAM FINANCE - RISK REWARD OF 1:7 - HnS Pattern.This stock has been falling in a downward channel from last many months .
Stock fell in a downward channel and in the process lost 50 % of its value.
Chart suggests that price has come out of the downward channel with
higher high double bottom formation & this has lead to the formation of
Inverted Head & Shoulder Pattern.
With good results this stock can aim higher.
For Risk Reward , Check The Video.
Cheers !!!
MANAPPURAMMANAPPURAM:- forms cup and handle pattern. if break 111.50 level go for long
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.