Short Term Opportunity in Manappuram Finance
Updated
Manappuram Finance has broken the Long Term Trend Line and has also retraced. It is making bullish moves with Higher Highs and Higher Lows for the past few sessions.
The bottom Trend Line is also providing a good support to take the price higher towards ATH.
There is also a strong resistance at 168-170 from where the price has been rejected a few of times.
If the price manages to break this zone then it could be a race to a target of 183.70 and then to ATH.
Keep on your radar.
Trade closed: target reached
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