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Published on 16/08/2019 10:38:34 AM | Source: Religare Securities Ltd

Buy Manappuram Finance Ltd For Target Rs.127 - Religare Securities

Posted in Broking Firm Views - Short Term Report| #NBFC #Manappuram Finance Ltd #Trading Report #Religare Securities Ltd

 

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Derivative Ideas

MANAPPURAM added around 20% in open interest as long buildup was seen in it in previous session. Current chart pattern also indicates further up move in its price. We suggest buying MANAPPURAM in cash as per below levels.

Strategy:- BUY MANAPPURAM BETWEEN 116-118, STOPLOSS AT 113, TARGET 127.

 

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