MANAPPURAM FINANCE LONG

Jul 6, 2017

So there was a cup and handle pattern which didn't give a breakout.Now price has been in an ascending triangle and has given a breakout.First target would 105.5-106 and if we get a breakout from that zone then much higher targets of around 120-130.
Personally i'm bullish on NBFC's so this would be a good pick.

Jul 11, 2017

Note

Maintain SL of 97,it will retest the neckline at about 99levels.

Jul 21, 2017

Note

took more time than I expected but target 1 achieved finally,let see if its able to give a breakout from 105-106 zone.

Jul 24, 2017

Note

we have got a breakout today, hold tight for the next month for good returns