MANAPPURAM trade ideas
Next Forecast This stock i am looking it will have one more move up before entering in time based correction
Good luck
[POSITIONAL] MANAPPURAM LONG BET risk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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Manappuram Buy at dipManappuram rally may continue
till gap filling daily use for
swing if price sustain above 180 in daily
MANAPPURAM FINANCEstock is giving the breakout from ascending triangle pattern with huge volume
Buy at
CMP @ 200
SL @ 190
TP @ 218-235-250
MANAPPURAM FINANCE TRADE SETUP FOR TOMORROWMANAPPURAM FINANCE share has consolidation from last two day now there is time to breakout or breakdown.
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194 is support and 196.5 is a resistance, if stock goes above 196.5 you can buy this trade for the target of 200.
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Stock following the trendline from last so many days. So let's see on tomorrow.
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Manppuram - Swing trade***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Manappuram good to buy above 176.7If price is sustain/start taking support above 176.7 then good to buy for target 210 or new higher high.
Manapuram4.10.2021
182.65
BB expansion
Moving up again in the rising channel
Weekly FISHER crossover
Weekly MACD coming in +ve zone
MANAPPURAM at Crucial Support/Resistance ZoneMANAPPURAM has entered the crucial 180 zone. This was the pre-Covid Feb'2020 high and has been respected multiple times in over the last 1.5 years. The stock has touched this zone with a gap-up doji. Price action in next few days will determine whether this resistance will see selling or whether we will see a breakout toward the bullish side. We will be closely monitoring the price action and update on this space as and when we see a trade developing.
Manappuram - buy on dipsBuy < 169 to 167
easy target 175
tg 2 - 183
positional tg - 198
This is my personal analysis for study purpose not intended for trading
Day Trading Strategy using Pivots & EMAOne can see price bounce from Pivots & EMAs, that signals our entry point
(Read image data & back test before applying in live market trade)
Manappuram Finance LongManappuram Finance CMP 179 add on Dips till 170..Upside 184/190/196+..Support 166
Attempting Breakout The last time, it broke out, it could not sustain and hold ground. Has done its bit of consolidation between 160 and 170 levels and ready to go up now. Nice RSI and other indicators. Sl is 168.
manappuram financemanappuram near breakout
good volume
company good on finnacial condition
keep watch
buy for swing target 190/193/198++buy this stock as it has very good fundamentals and strong financials and showing reversal after the fall, gold loans are at new record levels and are expected to grow with time.
MANAPPURAM FINANCE TRADE SETUP FOR TOMORROWMANAPPURAM FINANCE share is near to breakout, stock is consolidating between 170-175.
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Previously we also gave the trade when MANAPPURAM is at 168. Now again it a time to BREAKOUT.
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169-170 is strong support zone, you can buy this trade once it cross 175 for the target of 180-185
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Manappuram Finance- CMP 164.15Manappuram Finance- CMP 164.15. It can be taken at current price with a sl of 159 for a target of 171, 179, 185, 192. In August 21 it fallen from a haigh of 214 and stabilized around 158 to 164. RSI and MACD are showing strength for price rise. It is in the process of cup formation and top of the cup is around 185. It recovered up to 23.6% of Fib levels. This is for educational purpose and any buying or selling shall be done after consulting financial expert.
