Man Infraconstruction Limited
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MANINFRA Trading Above Demand Zone (139.95-135.85)MANINFRA is currently trading at 139.96, above its demand zone range of 139.95 to 135.85. Investors may watch for potential reactions or reversals from this level.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Please perform your own due diligence or consult a financial advisor before making any investment or trading decisions.
MANINFRA Trading Within Demand Zone (139.95-135.85)The stock MANINFRA is currently trading at 139.06, within its demand zone ranging from 139.95 to 135.85. The last leg out occurred on 2023-08-28.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Please perform your own due diligence or consult a financial advisor before making any investment or trading decisions.
MANINFRA Trading Within Demand ZoneMANINFRA is currently trading at ₹147.95, within the demand zone ranging from ₹147.9 (baseHigh) to ₹143.8 (baseLow), identified on 20th November 2023. This zone may act as a support level, potentially attracting buyers. Investors should monitor price action for signs of stability or reversal before making decisions.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Please perform your own due diligence or consult a financial advisor before making any investment or trading decisions.
MAN INFRA: potential upside move<Man infra has successfully given breakout of two good chart patterns.
<Flag and pole which is clearly visible.
<Triangle pattern which can be seen if we draw a line from top red candle to the <breakout candle respecting all the wicks.
<We are learning this trade respecting the flag pattern.
<The stock has given upside breakout with good volume indicating bulls hold.
<The risk reward ratio for the trade is 1:5.
MANINFRA looks for for short term After a long uptrend ; the stock accumulated since almost 1 year,
There is very low volume trading in accumulation (Consolidation) phase
stock gave BO with volume and massive 10% bullish marubozu candle breaking previous lower high in last trading session; but strong buying force left some inefficiency behind and created Fair value gap.
Now better to wait till filling of gap and again bullish price action in Lower time frame; possible entry can be done near 195-205 (Possible Order block entry) which may give a fair Risk:Reward ratio.
Before giving big move there was gap up opening on 25 November 2024 and it closed around 7% higher than previous day close ; but throughout trading session the gap almost filled so it may less likely that price may retrace till that level (Again nothing works 100% - it is as per my analysis- can be wrong also).
Sl can be 5-6 % lower and targets can be 20-25% from entry point.
Wait and watch...
Please do your analysis and let me know your ideas.
Technical Analysis for Man Infraconstruction (MANINFRA):
Time Frame: 1 Hour
Trade Type: Swing trade for 10 days
Key Highlights:
Breakout of resistance zone
Strong volume confirming the breakout
Consolidation breakout
Bullish momentum in a higher time frame
Entry Strategy: Entry activated
Stop Loss (SL): ₹237.50
Target: ₹295
Risk-Reward Ratio: Favorable
📌 Disclaimer: This analysis is for educational purposes only and not investment advice. Please consult a financial advisor before making any trading decisions.
#ManInfra #TechnicalAnalysis #SwingTrade #BreakoutTrading #StockMarket #RiskRewardRatio #TradingStrategy #VolumeBreakout
Man Infra Limited: Buy OpportunityTechnical Analysis:
Man Infra Limited has presented a promising trendline breakout with high volume, signaling strong bullish momentum. The RSI is above 70, indicating robust buying pressure. This setup suggests a potential continuation of the uptrend.
Trade Setup:
Stop Loss (SL): 196
Target: 243
Fundamental Catalyst:
The company has made remarkable progress, reporting total booking collections of approximately ₹14.75 billion ($176.56 million) as of September 24. This significant achievement reinforces the stock's positive outlook and adds confidence to the technical setup.
With both technical and fundamental factors aligning, Man Infra Limited offers a strong buy opportunity for traders looking to capitalize on the ongoing momentum.
Stay disciplined with the stop-loss level to manage risk effectively.
MANINFRA - Flag Pattern Breakout Analysis based on Chart Patterns & Trendlines
Flag pattern breakout on weekly Time Frame with high volume after 9 Months of consolidation.
About the Company:
Man Infraconstruction Limited (MICL) is an integrated EPC (Engineering, Procurement & Construction) company with experience and execution capabilities in Port, Residential, Commercial & Industrial and Road construction segments.
FII's share increased from 0.86% (Dec 2021) to 3.71% (Sep 2024)
SL- 120
Please check the fundamentals on Screener.in
Man Infra cmp 222.90 by Daily Chart views*Man Infra cmp 222.90 by Daily Chart views*
- Price Band 194 to 200 Strong Support Zone
- Double Bottom formed at 168 to 170.50 Price Band
- Strong Resistance Zone at 219 to 223 Price Band to be Support Zone
- Daily basis Support at 206 > 188 >168 with Resistance at 231 > ATH 249.30
- Volumes had spiked over past few days but Resistance Zone is acting as a good hurdle
- Price Breakout above Falling Resistance Trendline and well sustained above Support Zone
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 .






















