amankavi
Long

Manappuram - Nearing crucial resistance

NSE:MANAPPURAM   MANAPPURAM FINANCE
Scrip is again nearing the resistance zone from where it has retraced 4 times however bulls have always managed to have reversal around 82 support level

Would be interesting to see if the scrip manages to breakout from the crucial resistance peak of 112 (52-week high) this time as strength candles are also to be seen with good volume during last few sessions where BH>50% CH% Candle and the scrip is in somewhat ascending triangle pattern

MACD also showing the way..
Comment: The scrip has managed to breakout from the crucial resistance peak of 112 (52-week high)
Aiming for 150+ this time
Trade active
Trade active: Would be interesting to see if the scrip surpasses the bearish gartley pattern as it is near it's 52-week high and no sign of bearish crossover

Nice one.
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amankavi dhiru1989
@dhiru1989, Thanks :)
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