atul4b95

MANAPPURAM FINANCE getting ready for a 6-7 % upmove

Long
NSE:MANAPPURAM   MANAPPURAM FINANCE
MANAPPURAM After a nice upmove the stock has consolidated and is in a box range(118-125,green lines) in hourly time frame.
Also a flag(blue lines) is formed near the box range high , so we may see an upward breakout once it breaks the flag and/or the box range on closing basis on hourly charts.
target would be around 125+7=132 and the trade will be negated if it closes back again in the box range.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.