MANAPPURAM - Swing Trade Analysis with AI Signals

Last Updated Time : 19 Sept 25, 2:15 pm

Swing Trade Rating: 4.1

📈 Swing Trade Analysis: MANAPPURAM

MANAPPURAM is showing strong short-term momentum and favorable technical positioning, making it a solid candidate for swing trading. Here's the breakdown

✅ Strengths

Momentum Indicators

MACD (7.46): Bullish crossover, confirming upward momentum.

RSI (63.9): Strong but not yet overbought.

Current Price (₹292) is above both 50 DMA (₹273) and 200 DMA (₹239) — bullish trend.

Near 52-week high (₹298): Indicates strength and breakout potential.

Fundamentals

P/E (14.3) vs Industry PE (24.0): Undervalued.

ROE (16.0%) and ROCE (13.1%): Solid profitability.

EPS (₹20.5) and Book Value (₹139): Strong earnings and asset base.

Dividend Yield (1.20%): Adds passive income.

FII & DII Holding Increase: Institutional confidence.

⚠️ Risks

Debt-to-Equity (2.34): High leverage, typical for NBFCs but worth monitoring.

Quarterly Profit Decline (-7.94%): Slight earnings contraction.

Volume (19.7L) below 1-week average (25.2L): Slight dip in trading interest.

PEG Ratio (1.34): Fairly valued, not deeply discounted.

🎯 Optimal Entry Price

Ideal Entry Zone: ₹275–₹280

A pullback near 50 DMA would offer a better risk-reward setup.

🚪 Exit Strategy (If Already Holding)

Target Exit Price: ₹295–₹298

Near recent high and psychological resistance.

Stop Loss: ₹270

Just below 50 DMA to protect against reversal.

Time Horizon: 1–2 weeks, depending on volume and RSI movement.

This setup favors short-term traders looking to capitalize on momentum near breakout levels. Let me know if you'd like alerts or chart setups for this trade.

Edit in a page