Descending triangle at supertrend supportMan infraconstruction is showing good buying interest at weekly supertrend.
Has good potential 30% upside.
SL and Target on chart.
Similar setup had played out well in Carborundum Universal.
MANINFRA trade ideas
MANINFRA | SWING BUYAnalysis: MANINFRA shows strong uptrend potential with good technical
Entry: Can consider current price
Disclaimer: For informational purposes only. Do your research or consult a financial advisor.
MANINFRA | Ascending Triangle Breakout | Swing TradeMANINFRA | Ascending Triangle Breakout
Stock gives a clean ascending triangle breakout with first traget of 12% and later it can go high. This stock given breakout after long time so we can expect good returns
MANINFRA | Ascending Triangle Breakout | Swing TradeMANINFRA | Ascending Triangle Breakout
Stock gives a clean ascending triangle breakout with first traget of 12% and later it can go high. This stock given breakout after long time so we can expect good returns
3 Amazing swing trading ideas for 29 July markets I make educational content videos for swing / positional trading
Insider Buying stockInsider buying stock. Took support at 200ema and bounced back, made base and now ready for ATH. Good entry at CMP
with SL 203 and TP 248(1:2 RRR)
MANINFRA - Long Setup, Move is ON..NSE:MANINFRA
✅ #MANINFRA trading near Resistance of 215
✅ Next Resistance is at 266
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Consolidation-Add to watchlist--flag pattern
--uptrend(consolidated)
--sustained the falling market and re-entered consolidation region
--expecting good Q2 result
--fundamentally strong
--good order book
Disclaimer:
- The view expressed here is my personal view
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
-- Do your own analysis and consult your financial adviser if need
Man Infraconstruction#MANINFRA
CMP :₹. 201.40/-
DATE : 02/12/2023
Company engaged in civil construction business in India. A low debt company with zero promoter pledge and improving financials. Sales and operating profit are increasing YoY .Eventhough debtor days have increased from previous year Cash conversion cycle and working capital days improved remarkably. Net casflow is dreadfully negative which is a menace. Recently board of directors company announced the allotment of preferential shares. Promoters and FIIS increased their stake. Stock is now at its 52 week high . Stock gained more than 20% in one month. Technically looking good. A slight dip due to profit booking can be expected in coming days. A 50% movement can be expected within 6 months time. Stoploss @ ₹.180/-
Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly .
ManInfra @159
On the daily charts , it is moving in a horizontal channel pattern.
Close above 163, which is likely , upside up to 190
📈 Exciting Bearish Pattern Alert! 📈 Exciting Bearish Pattern Alert!
📊 Pattern: Rising channel
📌 Symbol/Asset: MANINFRA
🔍 Description: Stock is going up in Rising channel. and its around some resistance.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
MANINFRA - Long Setup, Move is ON..NSE:MANINFRA
✅ #MANINFRA trading near Resistance of 160
✅ Next Resistance is at 215
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Head & sholder--Near to breakout
-Head and sholder pattern
--ADX indicating strong up trend and MACD crossover
--Target 200+
Disclaimer:
- The view expressed here is my personal view
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
-- Do your own analysis and consult your financial adviser if need be
MANINFRA - Weekly Chart AnalysisAfter almost a ~50% move from the low cheat trigger point the stock broke the ATH levels (116-131)and managed to sustain above it for 3 weeks and 15% range which was taken out this week on good volumes.
I shall wait for further confirmation of at least 1 close above 155.50 on daily timeframe.
Stock is showing good strength and so is its index. It is trading above all the key moving averages.
View gets invalid if it manages to close below the ATH Zone which now shall act as a support.
Trend based fib targets comes out to 220-260 levels.
Disclaimer: This is just an analysis and not a buy/sell recommendation. If you intend to trade this counter then do your own due diligence and trade at your own risk.
Descending Triangle BO in Man InfraStock Gave Descending Triangle BO on 6 Feb and also Inverted Head and Shoulder BO if it closes above 85.20.
CMP 85
T1 100 (RR 2:3)
T2 125 (RR 1:4)
SL 75
Man Infra - Ready for another lapMan Infra construction Ltd basically engaged in the business of construction / civil works. Promoter holding is more than 60% with a nature of reducing debt and continuous payment of dividend in selected intervals. Profit growth and margin are also increasing qoq. Promoter pledge is also zero. Also got some good orders. Can expect a 50% movement from here within 3-6 months.
MANINFRA BREAKOUT 🚀This stock is fundamentally very strong and gives breakout of its resistance as shown in the chart.
This analysis is just for educational purpose. Do your own research before investing.
MAN INFRA TARGET 217 STOPLOSS 128MAN infra monthly and weekly breakout from the strong resistance of 129 in the monthly uptrend channel with weekly bullish. First target is 165 if sustain above 165 it will reach the second target of 217
MANINFRA
We highlighted the trend change in the stock around May when stock cleared its down-sloping trendline.
The stock has now given a breakout above its prior all time high of 131 with huge volumes, suggesting uptrend is likely to continue..
According to the past chart history, this rally could now head to 261.8% Fibonacci Retracement around 235.
Bullish view remains intact as long as price survive 124!
MANINFRA - Long Setup, Move is ON..NSE:MANINFRA
✅ #MANINFRA trading above Resistance of 127
✅ Next Resistance is at 160
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
My personal best stock given 32% ret My personal best stock given 32% return rally up. strong order books.
Hope for 183 TP. Only who follows me on trust.
Stock from pet Lynch Strategy.
MANINFRAPrices have registered an Triangle breakout.
At the same time, prices have also negated lower top formation by giving a Weekly Close above 87
Volumes have also been high on the breakout, confirming buyers strength.
Weekly RSI has also moved past its recent peak.
More quantity can be added once prices move past 100.
Bullish view valid as long as prices sustain 70.
