 "Markets, bulls, bears, stocks, trading, technicals, market technical, technical analysis")
BUY MANAPPURAM | TARGET: Rs 210 | STOP LOSS: Rs 165
MANAPPURAM has witnessed a breakout in the month of July but failed to witness a follow-up buying. However, in recent times, the stock has consolidated near its 200-DEMA and bounced back to the breakout zone with addition in the trading volumes suggesting strong potential in the counter.
Also at this juncture, the stock has reversed from the ICHIMOKU cloud support on the weekly scale affirming a strong resurgence in the counter and the placement is at lucrative levels for higher returns.
BUY JUSTDIAL | TARGET: Rs
MANAPPURAM has witnessed a breakout in the month of July but failed to witness a follow-up buying. However, in recent times, the stock has consolidated near its 200-DEMA and bounced back to the breakout zone with addition in the trading volumes suggesting strong potential in the counter.
Also at this juncture, the stock has reversed from the ICHIMOKU cloud support on the weekly scale affirming a strong resurgence in the counter and the placement is at lucrative levels for higher returns.
BUY JUSTDIAL | TARGET: Rs
