MANINDS near breakoutMANINDS near breakout, buy if price close above 98 on closing basis, SL @ 90 TGT1 : 112 , TGT2 : 120
Key stats
Market capitalization
5.589BINR
Dividends yield (FY)
2.15%
Price to earnings Ratio (TTM)
8.29
Basic EPS (TTM)
11.46INR
About MAN INDUSTRIES (INDIA) LTD
ISIN
INE993A01026
Sector
Producer Manufacturing
Industry
Industrial Machinery
Website
mangroup.com
CEO
Nikhil Ramesh C. Mansukhani
Headquarters
Mumbai
Employees
773
Founded
1988
Man Industries (India) Ltd. engages in the manufacturing, processing, and trading of submerged arc welded pipes & steel products. Its products include LSAW, HSAW, and coating. The company was founded by Jhamak Lal Mansukhani and Ramesh Chandra Mansukhani on May 19, 1988 and is headquartered in Mumbai, India.
Man IndustriesMANIND is forming wedge pattern and it is about to give breakout. Keep it under radar.
Expecting breakout ✌✌✌This scrip is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
BreakoutEntry- CMP
Levels are mentioned on chart
🔰
➼I do only Swing trade
➼I Trade only when RR is in my favour
➼Please correct if I am wrong
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
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Buy MAN IndustriesDouble bottom formation on daily chart and if resistance of 109 breaks, then near term target is 125. RSI and Relative strength looks bullish. Supertrend indicates buy signal and 20EMA crossing over 50EMA from below. Keep SL 100.
Buy Today Sell Tomorrow: MANINDS for more than 5%DON'T HAVE MUCH TIME TO TRACK TRADES?
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
Now why do I prefer BTST over swing trades? The primary
MAN INDSUTRIES(short term)buy on over 102 and keep sl @87 till target 134
R:1). trend line support,
2). 200ma support in daily time frame
buy opportunity in MANINDS BUY AT 141
TARGET 147 +
SL 137.50 OR 137
TIP: for entry match candle stick with volume to avoid loss
See all ideas
Income Statement
Balance Sheet
Cash Flow
Earnings
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Revenue
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