2025-04-30 11:32:38 am | Source: Religare Broking Ltd
Stock of the day : Manappuram Finance Ltd For Target Rs. 248 - Religare Broking Ltd
Manappuram Finance Ltd
Buy Manappuram Finance Ltd CMP 232.05 Range 231-233 SL 224 Target 248
* Of late, Manappuram registered a solid breakout from a multi-year cup and handle pattern, which is a bullish continuation formation.
* However, post breakout, the stock turned sideways trading in a tight consolidation range.
* In the process, it has formed a sturdy base above the pattern neckline, setting ground for resumption of uptrend.3
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