- summary:
- Manapuram Finance rises with Bain Capital gets a strategic share, which enhances the investor confidence. Is 260 dollars+ the next goal?
Manapuram Finance Ltd. (NSE: MANAPPURAM) is one of the pioneers of golden loans in India and non -bank financial companies (NBFCs). It rose to $ 235.24 and tested its highest multimedas after a large investment from Bain Capital. The deal, which gives Bain a strategic impact on the main decisions, including the right to nominate senior executives such as the CEO, has sparked a wave of investor confidence.
Manapuram Finance procedure stock price
Today, the shares are traded about $ 235.24, up to its highest fresh levels. It prompted strong institutional purchasing, technical exit, and the bullish feeling in the financial sector the last upward trend.
- Yesterday’s closure: The stock erupted over $ 230.42, confirming the strong momentum.
- Today is high: $ 247.64, a major resistance area test.
- Current price: $ 235.24, unifying gains after a sharp march.
- Increase in size: High trading volumes indicate the interest of the strong market and the new accumulation.
Manapuram financing scheme – the main levels of viewing
- Resistance levels:
- 247.64 dollars – immediate resistance; The penetration can send the stock about $ 260+.
- $ 275-280 dollars-long-term goal if the momentum maintains.
- Support levels:
- 230.42 dollars – immediate support; Holding this level can confirm a new direction.
- 210.27 dollars – a strong request area; Bulls are likely to defend this area in the event of a withdrawal.
Final meals: Can Manaburam maintain the financing of this bull?
Manappuram Finance tightly entered the upward lands, where $ 230 was now working as a major support. If the stock exceeds $ 247, this may aim to $ 275 and beyond in the coming weeks.
However, if a correction is determined, it will be $ 230 and $ 210 crucial to watch. With the momentum of the strong sector, the growing golden loan market, and institutional support, Manapuram Finance can be an arrow to monitor the continuation of the bullish direction!
