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.
MANINFRA trade ideas
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.
Man InfraconstructionMan Infra:
Completed all Breakout gains post Falling wedge pattern break. Time to look for accumulating it on good levels:
Stock looks to take a throwback to 103 levels for now. A break below this give opportunity for accumulating this for an Infra based theme portfolio.
103
94.9
88.5
BREAKOUT, MAN INFRA, 65% RETURNS!!!BUY - MAN INFRACONSTRUCT
CMP - Rs. 115
Target - 1: Rs. 165
Target - 2: Rs. 192
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Technicals - Bullish Flag, Cup and Handle Pattern
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This is just a view by an expert analyst, please invest at your own risk.
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MAN INFRA Is This FLAG breakoutLooks file MAN infra has Flag pattern breaking out.
note: This is only for education purpose. not any trading recommendations
MANINFRA looking good for swing/short term tradeTrend change in MANINFRA and it looks good for swing/short term with SL @ 87.65 on daily closing basis. TGT1 : 101.50, TGT2 : 107.85
Note : It's your hard earned money always trade with SL, I'm just sharing my analysis
#ManInfra formed double bottom at 71-74 #ManInfra on recovery path after forming DB at 71-74 range and now hovering around 81 after crossing above trendline. CMP 84 and can see 100/115 a good 20-30% upside potential.
Man Infra breakout!!Stock has given breakout from the trendline. One can wait for retest and then build long position.
MANINFRA Daily looking bullishMANINFRA Daily has trendline breakout with 200 ema support on daily candle. Also it made double bottom with rsi divergence.
Good to buy at 82.50 for target of 99 with sl below 78
MAN INFRA - DAY CHART -14.01.2023 - BAHAVAN CAPITALMAN INFRA CONSTRUCTION as per Day Chart Analysis
Stock ABOVE 77.80 TARGET 79.80
Wishing you a Very Happy Pongal...
MAN INFRA CONSTRUCT LONGWe have analyzed above mentioned stock on hourly time frame. We have used anchored VWAP and linear regression line. Stock has formed double bottom pattern at 75. As per anchored VWAP line, Support line at 79.60. Stock is currently traded at 80.90. We can buy this stock with stop loss of 79 and take profit around 87. Risk to reward ratio in this trade is 1 : 3 which is very good. Stock is having good fundamentals with TTM PE ratio of mere 18.27. Stock is able to go beyond 87. Investor can hold this stock for longer period of time.
Man Infra Construction Ltd. EMA cross, Resistance B/O and retestMan Infra Construction has taken good support at fib 0.5 ( from March 202 lows to the all time high) and consolidated and reversed.
the levels are placed and described.
targets are from upcoming resistance and Fibonacci reversal from ATH to reversal level.
Place your stoploss accordingly.
Financial results were good and it has goo dividend payout.
Note. Research ideas are for educational purpose and to learn technical analysis.
Always be patient and do not fall in love with stocks and pull down your stop losses,
Exit at your targets if you are a swing trader or add on good opportunities for long term.
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Chart -> MANINFRA Daily
The stock has given a breakout of an important support-resistance trendline, with a volume pop-up.
CMP: 88
Targets: 92, 102, 110
SL: 83 on a closing basis
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.
Support on 200Moving Average in MANINFRA.In today's session, MANINFRA has taken support of 200 moving average and above that, its target will be up to previous high, i.e. up to 105.
Man Infra ConstructionWhat you are viewing is only an opinion and not a advice for Buy or Sell. Please consult your financial advisor prior to putting any of your hard earned money.
Watchout for Resistance breakoutThe stock has taken support from it's support zone and now testing resistance levels. Buy above 105.2 positionally on closing basis for targets 112 and 120.
Learn & Earn,
Dr. Tanya Kumar
