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srikartiram

MANAPPURAM | Seeing a Flag formation in Daily time frame

Long
MANAPPURAM FINANCE (NSE:MANAPPURAM)  
srikartiram Updated   
NSE:MANAPPURAM   MANAPPURAM FINANCE
Trend Lines Wedge Flag Weekly Charts positional investment rsi_oversold
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trendline wedgepattern flagpattern weekly positional investment rsi_oversold
MANAPPURAM | Seeing a Flag formation in Daily time frame & Weekly time frame shows strong rejection in downside.

After a scary H&S pattern the stock gave Wedge breakout but broad market pulled the price down again.

Personally one more strong conviction it has taken a great 20 EMA support in Weekly pattern.

CMP : 153
Strong demand zone : 140
Target : 180,190
Comment:
12% so for :D

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srikartiram
MANAPPURAM | Respecting the trendline -Can try a small swing 16%
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