MANAPPURAM FINANCE LTD - Crossover Trade

πŸ“Š Script: MANAPPURAM (MANAPPURAM FINANCE LIMITED)
πŸ“Š Nifty50 Stock: NO
πŸ“Š Sectoral Index: NIFTY 500 / NIFTY MID CAP / NIFTY FINANCIAL SERVICES
πŸ“Š Sector: Financial Services
πŸ“Š Industry: Non Banking Financial Company (NBFC)

Key highlights: πŸ’‘βš‘

πŸ“ˆ Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
πŸ“ˆ MACD is giving crossover.
πŸ“ˆ Double Moving Averages also giving crossover.
πŸ“ˆ Volume is increasing along with price which is volume breakout.
πŸ“ˆ Current RSI is around 70.
πŸ“ˆ One can go for Swing Trade.

⏱️ C.M.P πŸ“‘πŸ’°- 116.65
🟒 Target πŸŽ―πŸ† - 138
⚠️ Stoploss ☠️🚫 - 106

⚠️ Important: Always maintain your Risk & Reward Ratio.

⚠️ Purely technical based pick.

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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.

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Happy learning with trading. Cheers!πŸ₯‚
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