gmaster29

Manappuram - Long Term Bullish Channel

Largo
NSE:MANAPPURAM   MANAPPURAM FINANCE
MANAPPURAM in upwards channel. Expect it to run within this channel. I also see another trendline within the channel marked in blue lines. Though Manappuram sold off recently due to bad results, long term trend is bullish , as gold prices will shoot up high in 2022 due to Inflation across the world and currency devaluation. If it breaks out above the channel, expect a major blast in upwards, target 350-400 in 12-18 months.

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