Manappuram has shown Three White Soldiers pattern of candlesticks. If on 4th September 2017, it crosses and closes above the crucial resistance of 104, a Long position can be considered with a target of 109-110 and closing basis stop loss of 102.
The stock has broken short term resistance of 237.97 with good volumes. A long position can be taken at current levels with a target price of 265.80 and a Closing basis SL around 235
