Stock of the day : Manappuram Finance Limited by Target Rs. 320 - Religare Broking Ltd
Manappuram Finance Limited
Buy Manappuram Finance Limited CMP 300.90 Range 299-301 SL 290 Target 320
* MANAPPURAM continues to exhibit a steady rising structure, indicating a sustained uptrend.
* Following a pullback from record highs, it rebounded sharply after retesting the rising trendline and 200-day EMA.
* Weekly price action suggests absorption of recent supply pressure and renewed buying interest.
* This setup offers a fresh buying opportunity, and traders can consider going long within the mentioned range.
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