MANAPPURAM FINANCE NSE:​MANAPPURAM

Refer chart share your view .....

Looks Weak For January Series With Stop Loss 95. Trial SL As Per Comfort. Other Details Mentioned In Chart. Risk Reward Favourable. Please Consult Your Financial Advisor Before Taking Any Decision. I am not SEBI Registered Financial Advisor.

The non EWT part. even if ewt is negated, i would rely little more on this chart to see where it goes. 2 major zones of resistance it could face. not a buy or sell recommendation.

Obviously this will negated if it doesnt take over 3 points of resistance it will get on it way to completion of wave 3. but looks as if this could be a good buy ! i will also post another way of looking at things. ultimately they both should mean the same .. PS : I am not an EWT expert , and do not use it much in my analysis.

If markets sustain, this could be a quick short term trade upto marked price.

LONG MANAPPURAM

NSE:MANAPPURAM 1. Daily,weekly indicators are slowly turning to bullish from bearish 2. Symmetrical triangle breakout done. Vijayaraghavan.K, Kovilpatti.

Long on 86.80 break wih SL as PDL Short on 85.10 break wih SL as PDH

Short Range 82-83 on higher side with sl above 86 on closing basis on 1 hourly chart. Enjoy this gold

Manappuram could test 80s as a short term pull back and then back to 60s. The short term trend reversal may not last longer, as the overall trend is still bearish

As long as price holds the level 73, it will move towards 79, 82 and 85.

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ALL LEVELS MENTIONED IN CHART

Price action is nearing trend line resistance.

Can it touch 68 today ???

One can look for Going long on weekly reversal candle close , this scrip is high volatile , dont do experiments , buy only after reversal and stay with it until you see its losing the value , and please trail your stop , i received few request in PM they dont know what to do on long term trend and they took few loses , so trail your stop to daily low and let ...

near to the lower end of the channel, so could see a bounce back of 100 levels. Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.