Manappuram -follow-up
CMP 104
Yesterday it broke the recent trend-line. Signs of further weakness.
Level of 90 and 81 are next support lines (green) where as level of 74 is the last defence ( red line).
If it keeps breaking these levels then plunder would be complete and bears would kill the king and take away all the gold.Keep a close watch.
Disclaimer :This post is just for learning few methods of price-patterns. Views are personal. No buy/sell recommendations. These are probability study methods and chances of success/failure depend upon various factors.
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