MANNAPURAM FINANCE - RISK REWARD OF 1:7 - HnS Pattern.

This stock has been falling in a downward channel from last many months .
Stock fell in a downward channel and in the process lost 50 % of its value.
Chart suggests that price has come out of the downward channel with
higher high double bottom formation & this has lead to the formation of
Inverted Head & Shoulder Pattern.

With good results this stock can aim higher.

For Risk Reward , Check The Video.

Cheers !!!
Chart Patternshead_and_shoulderheadandshouldersformationTrend Analysis

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