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2025-12-26 11:29:59 am | Source: Motilal Oswal Wealth Management
4 Week Focus : Manappuram Finance Ltd For Target Rs.343 by Motilal Oswal Wealth Management
4 Week Focus : Manappuram Finance Ltd For Target Rs.343 by Motilal Oswal Wealth Management

Manappuram Finance Ltd

Buy Manappuram Finance Ltd CMP 305 SL 286 TARGET 343 Risk : 6% Reward : 12%

Stock has broken out from a consolidation zone on the daily chart with a strong bodied bullish candle.

Price up moves and supported with high traded volumes to support the bullish sentiment.

The RSI indicator is rising to confirm the positive momentum.

We advise traders to buy the stock at CMP Rs. 305 with stop loss below Rs. 286 for potential target around Rs. 343 in 4 weeks.

 

 

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