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In weekly, ascending triangle formed and breakout happened with good volume,
also in daily, price broke out of symmetrical triangle with high volume, and closed above upper BB, BB is expanding now.
with sl - 95 tgt - 150
Manappuram if closes above 111.05 on a daily basis is poised for higher levels. The Stop can be considered below 104.70 levels only if the first condition of 111.05 on a closing basis is met .
Buy at CMP with a Stop at 105 and first target at 127.Cup and Handle Formation has been formed .
MANAPPURAM Long Daily 28.3.17