MANAPPURAM FINANCE NSE:​MANAPPURAM

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 ...

Manappuram done with 5 wave up, now it's in corrective waves. This is the chart which i posted in another blog when the price was above 100. http://forum.valuepickr.com/uploads/default/original/3X/0/7/07c04bd80be09171b11436a7aa43e0b670e8f7af.png Expecting to find the bottom somewhere in 70s. A head and shoulder patter in wave 5 will doubly ensure, the ...

Sharp Rebounce Incoming this week! READ pointwise

Fundamentally it got crashed on the news of Kerala Flood because 5 percent of branch network for Muthoot Finance is in Kerala with 50 percent of the lending book contributed by Southern states. But the point is, they have six type of services. They always give loans on having security i.e. gold, land, home, vehicle. Apart from the commercial vehicle segment ...

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.

Stock near support zone.. Can be bought at current levels..

#MANAPPURAM FINANCE CASH 05 SEPT 2018 STRONG SUPPORT @ 95-96 CMP 99

MANAPPURAM

Multi - BOTTOM @ 96 in Weekly Chart. Gold Price Increased in Global Market. Fundamentally Business of Manappuram finance based on Gold Loan. In Daily Candle Chart Formation of "DOJI" after Long Body Bearish Candle Suggests Reversal. T+2 Tgts: @ 101.65, 103.75, 104.75, 106.75, 108.60+ (Next Follow FIB Tgts mentioned on Chart). Education purpose only.

might be a minor pull back and exit rally... disclaimer... not an investing/trading recommendation

Buy - 103 CBSL - 99 Target - 110 RR - 1.75

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it is getting reverted near resistance with sl of 115 tgt of 96

Slow and steady win the race!!

Dear friends, finally Manappuram has broken its negative H&S pattern on daily charts with a strong bullish candle after nearly 2 months of of consolidation. I believe gradually it will rise up to the 120+ level. The red supply line will now serve as the support line.

watch

Positional View. Risk Reward Favourable. Other Details Mentioned In Chart. Please Consult Your Financial Advisor Before Taking Any Decision. I am not SEBI Registered Financial Advisor.

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