manappuram poised for breakout

stock is looking good for breakout on daily time frame. has tested the channel multiple times and also formed cup and handle pattern. RSI is on raise and 50 MA has crossed over 200 MA. stock has also seen recent volumes. CMP 122.35. early entry would be above 125 and confirmed /safe entry will be on break of channel
Stock looks good buy above 125 with SL of 106.80 with target of 160/173/180
channelbreakoutstrategyChart PatternscupandhandlepatternTechnical IndicatorsTrend Analysis

Penafian