tanya151181

Is this stock getting ready for an upmove after 64% correction?

Long
NSE:MANAPPURAM   MANAPPURAM FINANCE
The stock has corrected 64% from the top and now is showing some signs of reversal. It gave a falling wedge breakout, pulled back and now continuing the upmove.

Buy above 90.55 level for a positional target of 96.5.

Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.

Learn & earn,

Dr . Tanya Kumar

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