Good weekly chart.
SL can be 15.65 and an initial position can be taken at CMP. Once the Triangle breakout happens above 18.90 the targets can be 24 and 36.
MANAKALUCO has given a breakout on its weekly charts from a much consolidated symmetrical triangle pattern. Target range would be equal to the range of the triangle i.e. Rs. 5.05 from the point of breakout. This provides a target of Rs. 15.25
Manaksia Aluminium Co. Ltd. engages in the provision of aluminum products. It operates through India, and Overseas geographical segments. The firm also provides aluminum rolled products in coil and sheet form, and aluminum alloy ingots. The company was founded by Basant Kumar Agrawal in 1979 and is headquartered in Kolkata, India.
NSE
