A Good Breakout from Cup & handle Pattern, Now retesting Going on, Buy Range of 132-128, for target of 146-150, stop loss 112, Holding time frame 3 months.
Long if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed...
Buy Manapurram Finance in dip at 136 and 132 with stop loss below 125 for target 155-168. It has closed above life time high with huge volumes . MACD is positive with short term is well above mid term average. 126-128 is major support zone. Moving averages are also showing bullish momentum in short term.
Stock gives a breakout above 130 in weekly closing basis. Perfect for the long term investment with SL: 124 on a closing basis with a target of 150.
PM me if you have any query.
Thank x
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MANAPPURAM
