Manappuram Finance: Analysis
Updated
Manappurna finance has given Head & Sholder + Parallel channel breakout in the daily time frame today. Possible consolidation near 143.25 level because of the previous breakout level makes it important (Purple Rectangular Area).
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Upcoming support zone will be around: 134.50. Good Shorting Opportunity.
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Stop-Loss must be over the immediate resistance level i.e somewhere about: 158.35.
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Upcoming support zone will be around: 134.50. Good Shorting Opportunity.
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Stop-Loss must be over the immediate resistance level i.e somewhere about: 158.35.
Trade active
Acting as Expected.Trade closed: target reached
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