MANAPPURAM - IntraDay Trade Analysis with Live Signals

Last Updated Time : 19 Sept 25, 2:16 pm

IntraDay Trade Rating: 4.0

📊 Intraday Trade Analysis for MANAPPURAM

Manappuram Finance is showing a strong technical setup for intraday trading today, supported by bullish momentum and proximity to its 52-week high. However, slightly weakening fundamentals and high debt warrant disciplined execution.

🔍 Technical & Momentum Snapshot

RSI at 63.9: Bullish, nearing overbought zone — momentum intact but watch for reversal signs.

MACD at 7.46: Strong positive crossover, confirming trend continuation.

Volume: Slightly below average (19.7L vs 25.2L), but still healthy for intraday liquidity.

Price Action: Trading well above 50 DMA (₹273) and 200 DMA (₹239), confirming short-term strength.

Resistance Zone: Near 52-week high of ₹298 — potential breakout if volume surges.

📈 Fundamental Highlights

Valuation: P/E of 14.3 vs industry PE of 24.0 — attractive.

Profitability: EPS of ₹20.5, ROE of 16%, ROCE of 13.1% — solid but not exceptional.

Debt: High debt-to-equity (2.34) — manageable for NBFCs but limits upside.

Institutional Flow: FII and DII holdings increased — positive sentiment.

🎯 Optimal Buy Price for Today

Buy Zone: ₹288–₹291

Entry near minor support with tight risk control.

Avoid chasing above ₹293 unless volume spikes.

💰 Exit Levels for Profit-Taking & Stop-Loss

Strategy Price Level (₹) Rationale

Target 1 296 Near resistance zone

Target 2 299 Breakout extension target

Stop-Loss 284 Below intraday support

🕒 If You Already Hold MANAPPURAM Today

Exit on Weakness

Price drops below ₹284 with rising volume.

RSI dips below 60 or MACD flattens.

Exit on Strength

Price nears ₹296–₹299 with declining volume or bearish divergence.

Watch for reversal candles or lower highs on 5-min chart.

This setup favors breakout scalping with tight stops. Want to track this live or compare with other NBFCs showing similar setups?

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