MANAPPURAM. Achieved the first mentioned Target of 224 on cash. Strength in setup still intact and structure remains buy on dipps. View posted on 26th of Oct 2021. 280 is the major swing Target here. Cycle Traders understands the calculation.https://ganntradersaahil.wordpress.com/2021/10/26/manappuram-view/

A Mid term Invesment idea. A very strong cash and carry candidate. On all Technical aspects whether its Medium Term Cycle or a Long Term Structure. This stock fulfills all available criteria. The stock is SHIVAMILLS listed on both Exchanges. This stock deserves a buy. Worth accumulating it on dipps till 90 for the Pattern Targets of 175 and 230 in Coming Months. Patience is the only thing you need to have in such positions. For retail traders good part is there capital is safe on such Trades.

NIFTY moving on expected lines. Last week the idea was to buy on dipp till 17650/17750 on spot. We got that dipp on Wednesday. Since then it has been a decent rally in short term. Going forward 17800 would be a very strong support. As long as this level holds we could test 18270 and 18480 on upside. Vibration and Harmonic setups are in strong positions for now.

GREENPANEL INDUSTRIES. Completed the 3rd mentioned Target of 396 on 1st of NOV. VIEW Bullish here since 14th of sep 2021. CMP then was 300. Could book 50% of Qty here and keep rest for 450 and 530 in coming months. Structure still strong.

TRITURBINE Today achieved the Harmonic Channel Target of 207. View posted on 6th of Sep 2021. Crossed 154 in later part of sep. 33% returns in 2 months. Positions squared off for now.

NIFTY has stabilised for now after a decent correction in past week. Last Friday I mentioned that 17400/17500 is an extremely Important complex Pattern Support. As long as this zone holds we are testing new highs again on NIFTY. So better to keep buy on dipps approach for now. 17650/17750 is a good zone to buy. This one is a short week so better to keep modest exposure in F&O TOM would be the Vibration day for the week.

SBILIFE. Have a very week structure a major breakdown here is placed below 1097 for the Pattern Targets of 1050 1001 and 962 on cash directionally. It’s not at all a stock to buy on any dipp could give a decent downswing once the Pattern breaks.

CANARA BANK has gone up very sharply in past few days. Better to buy after some consolidation. Extremely strong support is placed in the zone of 168 to 188. It won’t be appropriate to give short term Targets here. Personally Intrested to enter here on dipp for the major Target of 275 in coming weeks. Its 1 of the best setup in BANKS.

SUNTV. A slow mover with a strong setup. Worth adding on dipps till 530/545 for the Pattern Targets of 598 and 635 on cash directionally. Harmonic Channel Targets here would be 660 in medium term. Once 600 breaks on upside cycle targets would be much higher.

FEDERAL BANK. Have a very strong line of supports in the range of 78 to 88. As far as this zone holds which I believe should hold Then we would witness the levels of 120 135 and 150 here positionally. Overall a very strong structure. The High made on 25th Oct won’t be a challenge going forward.