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By EquityPandit

MANAPPURAMMARKET OUTLOOKSTOCK OUTLOOK

MANAPPURAM Outlook for the Week (August 14, 2023 – August 18, 2023)

MANAPPURAM closed the previous week on a negative note losing 10.79%.

Technically, MANAPPURAM share price will see immediate support at 137.73 and immediate resistance would be seen at 153.88.

If MANAPPURAM share price closes below immediate support of 137.73, then sharp breakdown can be seen. MANAPPURAM share price will see major support at 127.57 for the week.

150.00150.00145.00145.00140.00140.00135.00135.00130.00130.00125.00125.00120.00120.00Jul 4Jul 4Jul 7Jul 7Jul 12Jul 12Jul 17Jul 17Jul 20Jul 20Jul 25Jul 25Jul 28Jul 28Aug 2Aug 2Aug 7Aug 7Aug 10Aug 10Aug 16Aug 16Reversal Level 141.78BuySellSell

On the positive side, immediate resistance will be seen at 153.88. Closing above 153.88, MANAPPURAM share price will see a sharp breakout. Major resistance for MANAPPURAM share price will be seen at 159.87 for the week.

Trading range for MANAPPURAM share price for this week should be between 121.58 on down side and 170.03 on up side.

MANAPPURAM Previous Week High: 149.7

MANAPPURAM Previous Week Low: 133.55

MANAPPURAM Previous Week Range: 16.15 Points

MANAPPURAM share price support and resistance for the week (August 14, 2023 – August 18, 2023)

Level Type Value
Resistance 3 170.03
Resistance 2 159.87
Resistance 1 153.88
Support 1 137.73
Support 2 127.57
Support 3 121.58

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