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MANAPPURAM - Consolidation Breakout
MANAPPURAM FINANCE LTD
Long
MANAPPURAM - Consolidation Breakout
Di BrahmaBull31
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9 nov 2022
5
9 nov 2022
NSE: MANAPPURAM is closing with a strong bullish candle supported with volumes
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been consolidating for the past few days and moving along the trendline which is indicating demand.
One can look for a 8% to 13% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
consolidation-breakout
Supply and Demand
Support and Resistance
swingtrade
Trend Lines
volumespike
BrahmaBull31
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