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Manappuram - on dip reversal
MANAPPURAM FINANCE LTD
Short
Manappuram - on dip reversal
By amankavi
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Updated
Jun 2, 2017
1
May 18, 2017
If reversal then
TP = 98, 105
SL = 87 (Ignore the narration for TP mentioned in chart)
Audited result due on 25th May
May 26, 2017
Note
Crossed 90. RSI also moving upwards
Rally for short term begins towards resistance level..
Jun 2, 2017
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Consolidation seen. Resistance level could be seen in another couple of days.
Jun 22, 2017
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Crossed 98 resistance level.. ✓
If the scrip manages to cross beyond 💯, 105 and beyond could be next
Jul 3, 2017
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Continuous buying and bulls have taken control after short reversal..Could see the scrip crossing resistance 2 soon..
Jul 21, 2017
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Nearing crucial resistance levels with strong bullish surge in the ascending surge
Bearish Divergences arent working on the trend..
Jul 26, 2017
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Resistance 2 target had been achieved and still holding the scrip till it is in ascending channel with minor corrections :)
amankavi
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