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ParamjitMahapatro

manappuram fin looks bullish in short to medium term

Long
MANAPPURAM FINANCE LTD (BSE:MANAPPURAM)  
ParamjitMahapatro Updated   
BSE:MANAPPURAM   MANAPPURAM FINANCE LTD
Trend Analysis Chart Patterns Triangle Bullish Patterns uptrend breakout breakouttrading Ascending Triangle Symmetrical Triangle
3
0
trendanalysis chartpattern triangle bullish uptrend breakout breakouttrading ascendingtriangle symmetricaltriangle
In weekly, ascending triangle formed and breakout happened with good volume,

also in daily, price broke out of symmetrical triangle with high volume, and closed above upper BB, BB is expanding now.

with sl - 95 tgt - 150
Trade active:
symmetrical triangle of daily
snapshot
Trade active:
in weekly, price at trend line support
snapshot
Comment:
cmp - 109, price sustaining and consolidating at support zone.
Comment:
cmp - 118.40, in weekly, price moving in an ascending channel and moving up towards channel resistance line.
snapshot
Comment:
till now 121.40
Trade active:
cmp - 106.75, price at horizontal support zone
snapshot
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