Bullish trade idea in Manappuram10-05 The candle made today is a strong white marubozu. Support zone made between 158 and 165. Trend is bullish. Can buy for Short Term targets of 200+ #Educational purpose onlyLongby travellingtradermumbai3
buy at zone this zone marked is potential reversal zone . expecting reversal from that zone.buyers can look for buying confirmation inside the zone. -- intraday traders can keep 0.236 fib level of swing C to latest swing low. entry is strictly inside zone. keep sl below zone -- swing traders can keep 0.5 fib level as tgt.Longby rajeevmmails1
Long trade setup on chartshere's a possible trading idea for Manappuram Finance, keeping in mind that this is not financial advice and you should do your own research before making any trades: Long trade setup: Entry: Above ₹196.75 (previous day's high) Stop-loss: Below ₹190.74 (previous day's low) Target: ₹210.00 (resistance level) Rationale: The stock is currently trading near its previous day's high, which could be a sign of bullish momentum. The RSI (9) indicator is at 68.27, which is nearing overbought territory but could still allow for some upside movement. Risk management: Always use a stop-loss order to limit your potential losses. Only risk a small percentage of your capital on any one trade. Considerations: This is a short-term trading idea and may not be suitable for all investors. The stock market is volatile and there is no guarantee that this trade will be profitable. You should consider your own investment objectives and risk tolerance before making any trades. Additional technical indicators that you may want to consider using to confirm this trade idea include: Moving averages (such as the 50-day or 200-day moving average) MACD indicator Bollinger Bands It is important to do your own research and analysis before making any trades. This is not financial advice.Longby RajputAmarjit1
Manappuram Finance idea Manappuram Finance idea Manappuram Trading below the support Trendline ( Orange ) Reistance at Trendline 214 Next Trading Range (214-248) if closing and Opening above 214 Opening above 248 Expecting large move to 300/381Longby XDataAnalyst4
[Positional] Mannapuram Short Idea1 minute ago Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.) "Intraday" -means You must close this position at any cost by the end of the day. "Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. ======= I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share. ======= Like - Always follow a stop loss. In the case of Intraday trades, it is mostly the "Day's High". In the case of Positional trades, it is mostly the previous swings. I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives Shortby Amit_Ghosh4
Wait for blastRelative strength is good Fundamentals good Technical lower farme give entry Stop black lineLongby BAAPOFBREAKOUTUpdated 111118
Manapuram Finance Looking GoodManapuram Finance Looking Good Falling Wedge Bullish Pattern Buy Above 141.50 SL 125 Target 155, 170,185 NOTE: POSTS HERE ARE BASED ON MY RESEARCH AND ARE FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR FINANCIAL ADVISOR BEFORE BUYING OR SELLING. Longby ChartM_Updated 6
Buy Manappuram Above 126 TGT 139/154 avg@ 110 SL below 105The Stock is making an inverse head and shoulder and is on the verge of the breakout and also with all the exponential moving averages crossing over the upward direction for the above mentioned targets and given Stop Loss. Longby Adi_techUpdated 8
Manappuram Finance Swing Trade OpportunityDescription: We've identified a compelling swing trade opportunity in Manappuram Finance (Ticker: MANAPPURAM) based on a combination of technical and fundamental factors. Here's a breakdown of the trade setup: Technical Analysis: The stock has exhibited a clear upward trend, with higher highs and higher lows. Recent price action suggests a potential bullish continuation, supported by strong buying interest. Key support levels are identified at . Resistance levels to watch for potential profit-taking are at . Fundamental Analysis: Manappuram Finance has demonstrated robust financials, with positive earnings reports and a favorable outlook in the financial services sector. Trade Parameters: Entry Point: Stop-Loss (SL): We recommend setting a stop-loss level at to manage risk and protect capital. Target (TGT): Our target for this swing trade is set at , aiming for a favorable risk-reward ratio. Risk Management: Define your position size to align with your risk tolerance and overall portfolio strategy. Regularly monitor the trade and adjust stop-loss orders as the price progresses. Chart Analysis: Disclaimer: Trading involves risk, and past performance is not indicative of future results. Please conduct your own research and consider consulting with a financial advisor before making any trading decisions. Remember to customize the details based on your specific analysis and risk tolerance. This is a generic template and should not be considered financial advice.Longby ShivamBhanot_TGS2215
Mannapuram showing strength Price closed above ascending triangle, target comes around 196 which should achieve before 20th Jan 2024. Note: It is not at all the buying and selling recommendation and this stock is in my portfolio and there is a high probability that my analysis is biased and could be possible my analysis will go wrong. Longby ROHITVAR115
Manappuram Finance LtdManappuram Finance is a Non-Banking Finance Company (NBFC), which provides a wide range of fund based and fee based services including gold loans, money exchange facilities, etc. Take position for swing as well as long term ( BUY) Target and stop loss are mentioned in the chart Market Cap ₹ 10,758 Cr. Current Price ₹ 127 High / Low ₹ 133 / 81.5 Stock P/E 8.01 Book Value ₹ 106 Dividend Yield 2.36 % ROCE 11.9 % ROE 16.9 % Face Value ₹ 2.00 Promoter holding 35.2 % EPS last year ₹ 15.7 EPS latest quarter ₹ 4.63 Debt ₹ 27,460 Cr. Pledged percentage 0.00 % Net CF ₹ -177 Cr. Price to Cash Flow -25.4 Free Cash Flow ₹ -585 Cr. Debt to equity 3.07 OPM last year 64.8 % OPM 5Year 68.4 % Reserves ₹ 8,788 Cr. Price to book value 1.20 Int Coverage 1.87 PEG Ratio 0.67 Longby madhu2811Updated 7
Investment_ Manappuram FinanceNamaste! Manappuram Finance is in the same type of business as Muthoot Finance. Both the stocks have corrected >40% from all time highs. I think it is a good time to invest in Manappuram Finance considering following questions:- Q: What is the good price to accumulate this stock? A: Don’t invest more than 05-10% of your portfolio in this stock. Rs 95-97 is a good price to accumulate this stock. Q. What are the strengths in this stock? A: 1. It has a weekly trendline support at near Rs 95-96 levels. 2. It will be available at 6 P/E which looks attractive as it is below 10 and 6 P/E is a kind of very good support because every time it does bounce-up from 6 P/E (Jan 2009, Sep 2015, Apr 2020, Etc). 3. It’s in the business of gold loan which is kind of stable because it offers a secured loan by taking the gold as collateral. Gold is liquid and could be sold if the borrower doesn’t pay-back. It’s safer and more liquid than properties (mortgage) loans provided by other banks/NBFCs. Gold prices sometimes move in cycles, which affects the company's short term risk though. 4. It has a current dividend yield of 2.59%. 5. Most of the time fundamentals “confuse me” so I don’t dig deep into it. I do not value any company after reading the annual report, balance sheet, blah-blah-blah. I pay attention to EPS, P/E, Correction in stock prices (trendline support), rarely Debt to equity that’s it. I don’t advise this to anyone because it may prove risky for a naïve or sometimes even a seasoned investor. I know and understand some of the key figures in the books of accounts but don’t dig deep into it. We can not predict the future of the company and/or know what’s happening inside the company. What we can do is DIVERSIFY, and have a contrarian approach with caution and margin of safety. Q. What changed my mind to invest now rather than wait for a big correction to buy at a cheaper rate, considering my opinion of an overvalued market, strength of the economy and rising interest rates? A: I posted many articles based on my understanding saying “is the market getting ready for a free-fall; …correction of more than 30% from all time highs, etc". I posted those to caution people and gave them opinions to get ready for a panic or downfall in the stock markets. It's always better to get ready for various scenarios early and make plans for them, which will guide us throughout the "fear and greed cycle of the markets". Disclaimer: The analysis I have shared is based on my understanding and experience in the markets. Investment and/or trading in the market does not guarantee a fixed return and may result in a financial loss. Please do your own analysis and/or consult your financial advisor before investing and/or trading.Longby UnknownUnicorn7637383Updated 10
Manappuram Finance Weekly Chartpositive for stock : Volume Growth Above RSI 60 Daily EMA above 21/50/200 support 123 expcted level 190-198 by ManojTembulkar2
MANAPPURAM Looks good for SWING NSE:MANAPPURAM IPS Levels for 1:3 Wizard Levels/Zones >Hey buddy, Wait for the price to close above or below-mentioned zones. Once the price closes above or below, SUPPORT becomes RESISTANCE and RESISTANCE becomes SUPPORT. > If you're following these zones then kindly follow the rules too. Risk management, and Position sizing. > This is my perception of the market so, kindly do your analysis to get more clarity on the market. > These levels might help you guys. As per my view, I'm sharing it with you guys. > This is not a blueprint to happen, so kindly do your own analysis and my view. Thank you for your SUPPORTLongby Financial_School0
ManappuramTrendline broken stock ! If stock price 139 day candle closing & retest than bullish movement see in coming days! These are swing ideas which you can add your watchlist and analysis for yourself ! Keep on your radar! This content only education purpose! I am not sebi ragister! Shortby RahulAyar2
MANAPPURAMNSE:MANAPPURAM One Can Enter Now ! Or Wait for Retest of the Trendline (BO) ! Or wait For better R:R ratio ! Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low. 2. R:R ratio should be 1 :2 minimum 3. Plan as per your RISK appetite and Money Management. Disclaimer : You are responsible for your Profits and loss, Shared for Educational purposeLongby CreativeCreatureUpdated 3
MANAPPURAM finance swing tradeBuy above 144rs to the target of 150rs If u want tip I m dealing with 1.positional trade 2.swing trade 3.intraday trade Feel free to contact 82696 13561 by stock-hunter03
Trending in ChannelWeekly chart analysis. Stock has been trading in channel for almost last one year. Needs to give break out on upper side for long term growth. Trading is easy --buy at lower points and sell at higher points. Trade duration should be in between 7-8 weekly candles. by Chart_analyser_NJUpdated 1
MANAPPURAMwe are looking MANAPPURAM bullish move. Disclaimer: Kind regards to all friends and members , Stock market investment is subject to 100% market risks. Our company is not a SEBI registered company. Please consult your financial advisor before investing. This is for learning and training purposes only. Market Traps administrators are not responsible for any financial gains or losses resulting from your decisions. You acknowledge that stock market investments are highly risky and that you understand the market risks involved. Hence any legal action is void.Longby Kaviarasu_ChandrasekarUpdated 8
Long Manappuram after a huge downtrend from 200 levelsTime to go long at 90 levels First target :104-105 Second Target: 127 Stop loss close below 86Longby schumideenaUpdated 441
manappuram finance 1w buy cmp target 130-135-139.90manappuram finance 1w buy cmp target 130-135-139.90 sl 101.40 risk reward 1.43Longby gopicr7Updated 4421
Swing Buy Opportunity in Manappuram Refer the chart for Entry,Target and SL. NOTE: This trade is only for Equity Swing buy and not to be considered for options trading. Please do follow Position Sizing and Risk Reward Ratio while planning any trades. Note: This information is for education purpose only and please do your own research and consult your financial advisor prior to taking any action. TO CONNECT WITH ME CHECK OUT MY BIO. If you like this Idea, Please do like my ideas and share it with your friends. check my bio. Please boost my ideas and send cheers as it acts as a motivation to keep posting my analysis. Thank youLongby rkinspiro1224
MANAPPL short positionHi traders,let's take a look at Manappl chart. On the chart we can see a rising megaphone pattern. Our strategy is entering short at the upsloping resistance line. Approximate target would be at the the upsloping support. Good luck.Shortby vf_investment115