vimal.kr.pathak

Manappuram- H&S pattern Positional sell

Short
NSE:MANAPPURAM   MANAPPURAM FINANCE
NSE:MANAPPURAM
Hi Traders,
MANAPPURAM is in Sell zone and you can open new orders based on price action. Stock has broken support and neck line of H&S pattern and start moving in downward direction.

Stock Analysis
* Stock forms H&S pattern and it has broken neck line .

Buy Level
Sell below 146 (Based on price action)

Target Level
TP1= 136.50
TP2= 130.00
TP3= 119.50
TP4= 102.55

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Trade closed manually: Stock is moving opposite direction.
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