MANAPPURAM trade ideas
MANAPPURAM GOOD BRAKOUT AND RALLY POSSIBLE OF 5%it's good chart setup and awesome breakout on flat trendline resistance 154.50+
get ready for more blast till 158-160 levels in short time.
MANAPPURAM FIN may fall like hellas you can see the chart it has completed its 7 waves and now it may show a big fall
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below 153 it looks very weak
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keep stoploss and trail it if you are going to short this....
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thanks..
Manappuram - Descending channelPrice formed descending channel pattern and price took support from the channel bottom to reach channel top, the movement itself formed another ascending channel inside the channel.
One can wait for the break and enter the market.
Manappuram FinanceManappuram made low of 139.10 which is strong support level
Also you can see Hammer at support level in 1W chart.
Only for study Purpose.
@KD3051
track and short @ 163 if the script comes near rate 162-163 in this expiry
one can short it (next series)
disclaimer - trade @ own risk
note - sl and target will be update when and if the trade triggers
#manappuramfin #nifty #nifty50 #niftyfin #bankniftyNSE:MANAPPURAM trade asp per this chart with given stop loss.
MANAPURAM BUYCMP 144
MADE 140 LOW YESTERDAY BUY TRIGGERED
SL 127 ON CLOSING BASIS
CASH BUY
FOR TARGETS
149/157 /164/173 +
Manapuram fin., short term investmentwait for conformation. When it bearks the support then go for Short. In case of trend reversal happen then go for long.
This post is for educational purpose. Do your own analysis before taking entry.
LONG MANAPPURAMEnter in MANAPPURAM between 148 and 130....wait for reversal with volume on lower TF........ No sl as it was for investment purpose....... Immediate target for swing traders will be around 200,230 and long term above 300 easily......levels are marked........ best buy if goes around 100
Bullish Harami Chart Pattern in 1dIf Market uptrend continues, there is clear Bullish Harami Candle in the 1D Chart pattern.
[Basket] Manappuram Channel BetNote -
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 at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy 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. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. Please refer to the link to my footer and explore further if You want.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
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Buy Manapurram FinanceChart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only.
NSE:MANAPPURAM
[Buddha] Manappuram Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low. I will skip if long triggers. You may take
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
MANAPPURAM is at support can give up to 29% returnsI will buy MANAPPURAM because :
It has been taking support at the trend line .
It has been consolidating and give big move soon.
So will be looking at buying opportunities.
If it breaks the support look at shorting
Entry : 143/148
Target : 162/182
Stop loss : 134
Going Long In MANAPPURAMThere is a support around 139 which is not large and 175 can be easy target if it goes up from here.
MANAPPURAMIt has given a Bullish Harmonic Gartley reversal. It could retest 167/170, View negates below 158
very good returns mannapuram
a good company
with a good brand presence
buy at support levels
and sell at resistance
for a yearly profit of 100%
Manappuram Finance_ShortManappuram Finance CMP 158.6 trading in range of 8 Points...IF it starts to trade below today low for few min than we can see more downside in Stock towards 155/151 levels..View will be invalid if closes above 169
