Buy Manappuram Finance Ltd For Target Rs. 340.00 by Jainam Share Consultants
Manappuram Finance Ltd
Buy Manappuram Finance Ltd CMP 317.00 Buy Price 317.00 Target 340.00 Stop loss 303.00 Holding Periond 1 Month
* The stock price trading at Rs. 317 on 07th JAN,2026.
* Currently the stock has given bullish chart pattern formation which resemble as Flag N Pole pattern breakout on daily chart.
* At this point, the price is trading above 10, 20 & 200 EMA, which indicates a continuation of bullish momentum. Additionally, the momentum indicator RSI is also in Bullish zone, above the 60 level, * suggesting strengthening positive sentiment in the stock.
* We expect the stock price to continue its current bullish momentum and head towards 335 - 340 levels considering the current price action.
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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
