-ready to break symmetrical triangle pattern -volume rising -rsi also ready to break trend -support from 50 ema -macd crossover done & adx also rising -this will give decent return above trendline
Man Industries !!! The stock i made a huge profit in and still holding shares. I also plan to add this stock again because the conviction aint over. the stock is still about to perform. the reason to book profit was technical purely. As learnt from various videos , weekly and yearly RSI was heated hence took partial exits. Plus when u see so much profits , u...
Huge Rounding Bottom Breakout done for the target of 440. Already C&H breakout and the target achieved. Now flying for higher targets
📊 DETAILS Sector: Construction - Infrastructure Mkt Cap: 1,657 cr Man Industries Ltd. is one of the largest Manufacturers and Exporters of LSAW and HSAW pipes in India with a total installed capacity of 1 million tonnes. The company is among leading manufacturer of large diameter pipes with 3 Decades of presence in Pipe Industry. TTM PE : 14.61 (High...
MANINDS - Strong momentum, rally may continue of sustain above 417
On a monthly timeframe it's a multiyear breakout. On a weekly timeframe from May2023 it was struggling to sustain above the 147.10 levels. This week though it has managed to sustain above and also closed above its crucial resistance of 178. Now 138-162.50 levels (also swing low) shall act as a support for further move upwards. So this should be an ideal...
MANINDS is breaking out of a massive 17 year resistance. Recently also crossed a huge cup and handle pattern. High volumes and High RSI.
📈 Exciting Bullish Pattern Alert! 📊 Pattern: Rising Channel Support. 📌 Symbol/Asset: MANINDS 🔍 Description: Stock With Good Support Level. 👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
This 1100 crore market cap stock trading at ~1.09 times it's book value can generate healthy 25% - 50% return in medium to long term.
MANINDS now 168 Can see good move above 171 If monthly closing above this level can see 240++ SL 150
Stock given BO then retesting and again near BO with massive volume burst, follow chart for proper entry and exit levels.
Bullish Flag and Pole Breakout on Weekly Chart is confirmed in NSE:MANINDS with very good volume today. A buy signal triggered at 155-158 with 137 as SL for a target of 199. The Risk/Reward ration is 1:2. This is only for Education purpose.
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose
1.Formation of cup pattern 2.Struggling to cross the supply zone for more than a 3.Gap up is possible Good volume for posititonal trade MIN YTARGET -112
chart with rounding bottom in weekly time time frame . price trading at neck line . bullish above 162.
The stock moved up on high volumes and came off over the last couple days on lower volumes. The stock could start to move up again in a day or 2. Long around 136 on the bounce with a stoploss for this particular trade at 125. If the stock continues on the way down over the next day or 2 and then bounces i'd look for a bounce around 130 to go long with a 5%...
Man industries again trying for breakout & a monthly closing above 150 will easily take this stock to 200 , keep ur SL at 118
Chart -> Man Industry Weekly A good base has been broken out with a good candle and volume build-ups. CMP: 105 Good Range: 95 to 105 Target: 113, 120 and 133 SL: 92 Weekly Close Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.