MANAPUPURAM ---MULTIBAGGER 2023MANAPPURAM -- Monthly chart setup - GOLDEN YEAR 2023
1. stock trading at Monthly upper channel , channel lower level support seen around 100-105 level from then continuation to upward channel
2. Gold price appreciation this year gold price hit all time high, that boost fundamentally.
3 . Normalized smooth MACD shown at positive crossover point
4. Double bottom support seen at trend reversal around 80-85 level
5. potential upside 50-80% from current level 115-118 target 150-180-200 n 1 year, stop loss bellow channel and trendline support at 75
** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. Trade at own risk !!
** HAPPY TRADING. !!
Year
SUNFLAG - Hits all time high !1. Stock is trading at All time high, breaks out multi year resistance.
2. Stocks with these kind of break out will generally double in few months.
3. Company had announced its Excellent Q1 numbers recently.
4. This stock is good long term bet.
Note: Please do your own analysis before taking your position. Happy investing.!