📈 Technical Analysis (Monthly)
1️⃣ Long-Term Structure (2007–2025)
The stock shows a multi-year secular uptrend with large consolidation phases:
2007–2010: Long accumulation phase at low levels
2010–2018: Strong trending move → major impulse to ~₹500
2018–2020: Deep correction & COVID crash
2021–2025: Re-accumulation & tightening range
Now (2025): Major breakout attempt from 8-year resistance
This signals a structural shift from consolidation to trend resumption.
🔵 2️⃣ Key Levels (Major Supply–Demand Zones)
Major Multi-Year Resistance (Broken Now):
₹310 – ₹330 zone
Tested in 2017, 2018, 2021, 2023, 2024, 2025
Strong multi-touch ceiling
Stock has finally closed above it on monthly, confirming breakout strength.
Immediate Support:
₹285 – ₹300 (previous resistance → now support)
Major Higher Targets (Monthly chart):
Based on historical price action & Fibonacci extensions:
₹395 – ₹410 (first measured move)
₹470 – ₹500 (major resistance + multi-year supply)
₹575 – ₹600 (long-term pattern target)
🟢 3️⃣ Breakout Quality Check
✔ Volume confirmation (if available):
Breakout candles like shown usually represent institutional participation.
✔ Momentum:
Current candle is a 14% impulsive breakout, not a weak marginal move.
✔ Structure:
Has been forming a multi-year cup-like base, now breaking the rim.
This is a high-probability breakout.
🧠 4️⃣ Price Pattern Interpretation
Pattern Type:
A Cup & Resistance Shelf on monthly timeframe.
Duration: ~8 years
Bases of this length cause powerful multi-year moves
Breakout from such a structure suggests long-term trend reversal and fresh bull cycle
📌 5️⃣ Risk Management (Pro Approach)
If someone were to trade (not a recommendation):
Entry: On monthly close above 330 or dips to 300–315 zone
Stop-loss: Below 285 (structural invalidation)
Risk–Reward:
Target 1: ₹395
Target 2: ₹470
Target 3: ₹575
RR > 3 on higher timeframes → very strong setup.
🥇 6️⃣ Professional Summary
This is one of the cleanest long-term breakouts for MNFS in the last decade.
Key Takeaways:
Multi-year resistance broken
High momentum monthly candle
Long consolidation → explosive breakout
Upside potential remains strong
Structure supports trend continuation
Bias: Strongly bullish as long as price sustains above ₹285–300 zone.
1️⃣ Long-Term Structure (2007–2025)
The stock shows a multi-year secular uptrend with large consolidation phases:
2007–2010: Long accumulation phase at low levels
2010–2018: Strong trending move → major impulse to ~₹500
2018–2020: Deep correction & COVID crash
2021–2025: Re-accumulation & tightening range
Now (2025): Major breakout attempt from 8-year resistance
This signals a structural shift from consolidation to trend resumption.
🔵 2️⃣ Key Levels (Major Supply–Demand Zones)
Major Multi-Year Resistance (Broken Now):
₹310 – ₹330 zone
Tested in 2017, 2018, 2021, 2023, 2024, 2025
Strong multi-touch ceiling
Stock has finally closed above it on monthly, confirming breakout strength.
Immediate Support:
₹285 – ₹300 (previous resistance → now support)
Major Higher Targets (Monthly chart):
Based on historical price action & Fibonacci extensions:
₹395 – ₹410 (first measured move)
₹470 – ₹500 (major resistance + multi-year supply)
₹575 – ₹600 (long-term pattern target)
🟢 3️⃣ Breakout Quality Check
✔ Volume confirmation (if available):
Breakout candles like shown usually represent institutional participation.
✔ Momentum:
Current candle is a 14% impulsive breakout, not a weak marginal move.
✔ Structure:
Has been forming a multi-year cup-like base, now breaking the rim.
This is a high-probability breakout.
🧠 4️⃣ Price Pattern Interpretation
Pattern Type:
A Cup & Resistance Shelf on monthly timeframe.
Duration: ~8 years
Bases of this length cause powerful multi-year moves
Breakout from such a structure suggests long-term trend reversal and fresh bull cycle
📌 5️⃣ Risk Management (Pro Approach)
If someone were to trade (not a recommendation):
Entry: On monthly close above 330 or dips to 300–315 zone
Stop-loss: Below 285 (structural invalidation)
Risk–Reward:
Target 1: ₹395
Target 2: ₹470
Target 3: ₹575
RR > 3 on higher timeframes → very strong setup.
🥇 6️⃣ Professional Summary
This is one of the cleanest long-term breakouts for MNFS in the last decade.
Key Takeaways:
Multi-year resistance broken
High momentum monthly candle
Long consolidation → explosive breakout
Upside potential remains strong
Structure supports trend continuation
Bias: Strongly bullish as long as price sustains above ₹285–300 zone.
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免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。