2026-05-20 10:16:36 am | Source: Religare Broking Ltd
Stock of the day : Manappuram Finance Ltd by Target Rs. 336 - Religare Broking Ltd
Manappuram Finance
Buy Manappuram Finance Ltd CMP 315.30 Range 313-316 SL 303 Target 336
* MANAPPURAM has shown strong bullish momentum after a decisive breakout from a consolidation zone and declining trendline resistance.
* The stock continues to sustain above key moving averages, while higher top–higher bottom remains intact, reflecting strengthening buying interest.
* Overall structure remains constructive, with momentum indicators signaling the likelihood of continued upside traction in the near term.
* Investors may consider accumulating long positions within the recommended price range.
Please refer disclaimer at https://www.religareonline.com/disclaimer
SEBI Registration number is INZ00017433
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or
investment advice. Investments in financial markets are subject to market risks, and past performance is
not indicative of future results. Readers are strongly advised to consult a licensed financial expert or
advisor for tailored advice before making any investment decisions. The data and information presented
in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the
content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Piyush Goyal chairs review meeting to boost India`s ...
BUY CrudeOil Jun @ 9900 SL 9750 TGT 10100-10300. MCX...
Rajasthan: Adequate petrol, diesel available; public...
Shivraj Singh Chouhan urges Eastern states to focus ...
SELL Silver Jul @ 272500 SL 275000 TGT 269000-267000...
BUY Zinc May @ 364 SL 361 TGT 367-370. MCX - Kedia A...
DRDO achieves development trials of precision guided...
NIBE inches up on successfully testing SURYASTRA Uni...
Godawari Power and Ispat surges on commissioning 25 ...
Mankind Pharma shines on getting nod to invest up to...
