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disclaimer.. not an investing/trading recommendation
A friend of mine recommended MANINDS (NSE) at around Rs.133. Since his recommendation, it has gone down to Rs.126.55. But still he is confident that the stock will bounce back.
Yesterday this stock and found that it is in bullish mode. Bollinger Bands & MACD indicate that it will bounce from current level. GANN square confirms as well.
Normally I am long ...
All good till the support zone is held.
Facing lot of Resistance 113-115
Aggressive traders can buy in Support zone with small SL of close below 96
CUP & HANDLE PATTERN
Stock has broken from ascending triangle with huge volume.