Manappuram has given trendline breakout on 12th july and after a successful retest of trendline is now looking ready to blast. Today it has also broken its ATH of 194.8 made on 29th January 2020 with heavy volumes after the retest. RSI has a steep upward curve which shows bullish momentum might continue. Stoploss might be kept below trendline at around 175-177...
Check the chart Great fundamentals.. I am bullish on this stock for long term.. can be a value pick around Rs 250 However if you are looking for short term profits an ATH Breakout happened today..All details on the chart
hft facilities available good capital markets presence coming for this company targets and sl are there on the chart like and share and follow me for more such ideas
PRAKASH PIPES LTD:- INVERSE H&S BREAKOUT + ATH BREAKOUT WITH HUGE VOLUME (CMP 116) TARGETS 180 AND SL 76DCB #Disclaimer:-I just shared view for only educational purpose.