AyushSinghba

Manappuram Breaking: Up, Up & Away?

Long
NSE:MANAPPURAM   MANAPPURAM FINANCE
-After forming a double bottom , Manappuram is breaking out of a cup & handle set up.
-Formed a bullish engulfing candle on breakout.
-Breakout happened on high volume . Twice the 20 day average.
-Bullish cross on MACD .
-The latest candle was an inside day candle, suggesting a huge move (most likely higher) is on the cards.

This is not an investment advice. Do your own due diligence.
Trade closed: stop reached
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