TradingView
priceNpedia
Nov 11, 2022 10:41 AM

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

MANAPPURAM FINANCENSE

Description

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 !!!
Comments
ajaykrish
what's ur view on tata dvr
shiv18031956
dont think so results are out yet..they are due today
priceNpedia
@shiv18031956, results are already out
shiv18031956
@priceNpedia would you mind sharing the lonk? i sesrched for it but didnt find.
shiv18031956
@priceNpedia only now the results are out
priceNpedia
@shiv18031956, my bad... i saw E corresponding to the last candle and thought that results were out.
More