MANAPPURAM trade ideas
MANAPPURAM short termNSE:MANAPPURAM
MANAPPURAM following trendline
if Stock Sustain above 169, it will be bullish.
MANAPPURAM 15 min time frame for 15 Sept 2021 Intraday/SwingMANAPPURAM 15 min time frame for 15 Sept 2021 Intraday/Swing.
As per the market movement go long or short
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This is only for educational purpose.
Please consult your advisor before making any trade or investment
Manappuram - buy on dipsBuy from 166. 4 to 164.7
easy tg - 171
tg2 - 177
Disclaimer : This is my personal analysis for study purpose not intended for trading
Possible pullback from supportBuy @155-160
Target 180+
SL - <145
Bull on this stock. You can go with Eqty/Future for sept.
MANAPPURAM FINANCE TRADE SETUP MANAPPURAM FINANCE share given the closing above 163,
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So I think this is the time to enter in this trade, but still I recommend.
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Safe Trader can enter in this trade once it cross 170, because from that stock can give some correction.
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Once it goes above 170, we can see in the chart, there is strong rally of around of 40-50.
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You can book your profit as per you comfort.
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What's your view on this comment below in the box.
MANAPURAM FIN. levels...01.09.2021 ( D candle)MANAPURAM FIN. forming double bottom...so once break 168...it will reach 200+ soon
MAJOR TREND LINE SUPPORT AREA !Stock is at its major trend line as clearly seen in the chart.
Look for strong candlestick reversal pattern on daily time frame or wait for small uptrend formation.
This can prove to be a great risk to reward ratio trade with RR minimum 1:4.
Trade only for positional/swing.
Target can be 5% , 10% and 15% as per holding capacity duration.
This chart analysis was done by me only for better learning , consult your financial advisor before taking any trades.
Portfolio stock for long position From 161 to 216 is 35% upmove possible within 3-4 months..bcoz stock looks taking support at this trend line level which is valid from 2020 crash
Manappuram finance LONG manappuram finance is really attractive, both are fundamentally strong , cashflow , low npa and well run. Most imp is valuations are attractive
Manappuram Cmp 163.50 dated 24.8.2021Manappuram Cmp 163.50 dated 24.8.2021
1. Taken support @ 155.
2. RSI Divergence.
Buy above 165 for a tgt of 173-183-190-200
SL 155 on closing basis.
It is just a view, pls trade at your own risk.
MANAPPURAM | RSI divergence & Good risk reward for 15%MANAPPURAM | RSI divergence & Good risk reward for 15%
CMP : 161
SL : 155
Target : 181, 190
[ INTRADAY ] MANAPPURAM SHORT BETrisk: 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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[ INTRADAY ] MANAPPURAM SHORT BETrisk: Reward ratio is 1: 2
Rest as per Charts
********
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.
=======
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.
=======
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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hope for 20 pointsTrending manappuram finanace making it bullish pattern which can give us 20 point upside other wise SL is 205
Wait for 150 levels to enter
Gold sell-off doesn't bode well for gold fin companies
Support broken at 180.
Next support is at 150 level. Can be bought at this level
MANAPURAM FINANCEManapuram Finance Trading under Long term uptrend using Gi-1 wave method price rebound from 172 to 227 in short-term
bearish in manapuram but might reverse read description this is beyond technical i think this time results will be positive for gold finances as gold prices are decreasing which will lead to SQUARE OFF in gold loans given or those gold will be auctioned or sold , that will result in good profits think so fundamentally or can avoid as it is bearish for a while
