MANAPPURAM FIN – 18 May 25 | Intraday Plan 5 MIN ENTRY

📌 MANAPPURAM FIN – 18 May 25 | Intraday Plan (15-min chart, entries on 5-min close)

Bias: Neutral-to-Bullish above 230.00
CMP: 229.44

Market Structure
• Sideways box 229.00–230.00 after sharp sell-off; compressing into lower-volatility equilibrium.
• Short-term momentum flirting with resistance—decision imminent.

Levels
│ R1 231.96 │ R2 233.71
│ S1 229.00 │ S2 227.73

Trade Plan
🟢 Breakout Long → Entry on 15-min candle close > 230.00.
 Targets 231.96 / 233.71 │ SL 229.80

🔴 Breakdown Short → Entry on 15-min close < 228.90.
 Targets 227.73 / 226.29 │ SL 229.40

Notes
• Steer clear of 229.00–230.00 chop—range fools both bulls & bears.
• Look for volume spike on trigger to validate move.

Set TradingView alerts at 230.00 & 228.90; risk ≤ 1 % per trade.

#PriceAction #MANAPPURAM #15min