MANAPPURAM has reached it's demand zone after bear rally.
We can see script rally by buyers
Also, company management has announced raising of 200 crores via secured redeemable non-convertible debentures which the market can see as a sign of management confidence in business growth.
One can take short term trade as per the idea with target ad SL and can also...
ASHOKLEY short idea based on S&R
Bearish engulfing formation indicates reversal.
Previous day volume was higher than past 10 days volume.
One can short after bearish candle formation
PS - Higher sales figures are expected by market in this quarter also which I believe should have been discounted by market.
NCC short based on S&R method. Script reached close to it's 2015 high level.
Long upper wick on day before yesterday and Bearish engulfing candle formation indicates seller coming back in the stock.
One can short the stock with targets and SL as mentioned
Global crude prices are increasing creating pressure on oil companies
OIL short idea based on S&R. script trading at it's resistance level
Bearish Candle pattern also indicates reversal
Once can short 360CE with stop loss as described