📈 MANORAMA INDUSTRIES – Bullish Flag Setup
Date: June 19, 2025 | Exchange: NSE | Timeframe: Daily
Manorama is consolidating in a tight *bullish flag* pattern after a strong vertical rally. Price is respecting the range of 1405–1505 and is showing signs of breakout readiness.
Key Levels:
* Resistance: 1505 / 1513
* Support: 1405 / 1365
* Volume: Decreasing during consolidation, indicating healthy pause
* Indicators: MACD cooling off, RSI holding above midline
View: Bullish bias. A breakout above 1505 with volume may trigger fresh upside momentum. Keep watch for breakout confirmation.
Date: June 19, 2025 | Exchange: NSE | Timeframe: Daily
Manorama is consolidating in a tight *bullish flag* pattern after a strong vertical rally. Price is respecting the range of 1405–1505 and is showing signs of breakout readiness.
Key Levels:
* Resistance: 1505 / 1513
* Support: 1405 / 1365
* Volume: Decreasing during consolidation, indicating healthy pause
* Indicators: MACD cooling off, RSI holding above midline
View: Bullish bias. A breakout above 1505 with volume may trigger fresh upside momentum. Keep watch for breakout confirmation.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.