Manappuram Finance Limited
Long

Mannapuram Finance for mid term

126
1) 3 Resistance at the top
2) Multiple supports at the bottom
3) Ascending Channel pattern is formed for more than 3 yrs
4) In Weekly time frame it shows pretty huge buying pressure,which is a good sign for buying
4) Whenever it touches the supports, it gives pretty decent returns by holding at least for 3 to 4 months
5) Risk Reward Ratio 1:4


Disclaimer : Just for education Purpose.
Caution before get in to trading.

Thanks Happy Trading :)

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