Short Manappuram

Francise_Varghese Updated   
Manappuram May go down to 152 levels within 1 to 2 days.
Reason 1 : NR4 condition satisfying
Reason 2 : Trend is Down
Reason 3: Major Trend line broken ( daily trend line from june onwards)
Reason 4: No nearby weekly/monthly supports on downside
Reason 5: 20 EMA 50 EMA crossing probability
For Educational Purpose and not a reccomendation. Do your Analysis.
Thank you. If u made a profit pls follow me.
Trade closed: target reached:
target achieved on Aug 6 (within 2 days itself)

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