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By EquityPandit

MANAPPURAMMARKET OUTLOOKSTOCK OUTLOOK

MANAPPURAM Outlook for the Week (January 22, 2024 – January 26, 2024)

MANAPPURAM
MANAPPURAM
MANAPPURAM closed the previous week on a negative note losing 7.35%.

Technically, MANAPPURAM share price will see immediate support at 169.82 and immediate resistance would be seen at 182.97.

If MANAPPURAM share price closes below immediate support of 169.82, then sharp breakdown can be seen. MANAPPURAM share price will see major support at 161.23 for the week.

185.00185.00180.00180.00175.00175.00170.00170.00165.00165.00160.00160.00155.00155.00Dec 8Dec 8Dec 13Dec 13Dec 18Dec 18Dec 21Dec 21Dec 27Dec 27Jan 1Jan 1Jan 4Jan 4Jan 9Jan 9Jan 12Jan 12Jan 17Jan 17Reversal Level 167.93BuyBuySellSell

On the positive side, immediate resistance will be seen at 182.97. Closing above 182.97, MANAPPURAM share price will see a sharp breakout. Major resistance for MANAPPURAM share price will be seen at 187.53 for the week.

Trading range for MANAPPURAM share price for this week should be between 156.67 on down side and 196.12 on up side.

MANAPPURAM Previous Week High: 178.95

MANAPPURAM Previous Week Low: 165.8

MANAPPURAM Previous Week Range: 13.15 Points

MANAPPURAM share price support and resistance for the week (January 22, 2024 – January 26, 2024)

Level Type Value
Resistance 3 196.12
Resistance 2 187.53
Resistance 1 182.97
Support 1 169.82
Support 2 161.23
Support 3 156.67
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{"buy_point":[{"en_ltd":"2024-01-19","en_sup_p_91":"176.46","en_sup_t_91":"167.93","prev_close":"169.80","en_close":"178.40","new_date":"Jan 19","prev_close_no":169},{"en_ltd":"2023-12-22","en_sup_p_91":"171.89","en_sup_t_91":"166.76","prev_close":"170.00","en_close":"176.65","new_date":"Dec 22","prev_close_no":170}],"sell_point":[{"en_ltd":"2024-01-10","en_sup_p_91":"173.04","en_sup_t_91":"176.76","prev_close":"176.55","en_close":"168.05","new_date":"Jan 10","prev_close_no":176},{"en_ltd":"2023-12-20","en_sup_p_91":"167.11","en_sup_t_91":"176.19","prev_close":"172.75","en_close":"164.15","new_date":"Dec 20","prev_close_no":172}]}

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