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VigneshvarMylsamy
Feb 2, 2022 2:17 AM

Mannapuram Finance for mid term  Long

MANAPPURAM FINANCENSE

Description

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 :)
Comments
VigneshvarMylsamy
Adjusted my stop loss to 115, hoping for recovery after dividend yield
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