Breakout in MANNAPURAM FINANCE

• Stock has given a small breakout today both on DAILY and WEEKLY charts.
  
• Closed above previous week's high
  
• Trading above 9 EMA; Moving Average crossover; 50 above 100 is giving a BUY signal
  
• Fundamentally strong stock, can also hold for medium and long term
  
• BofA initiated a BUY on this
  

**These are my personal observation, I have the right to be wrong**
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