Overall Technical outlook

Price Summary

On 2026-03-02, Manappuram Finance Limited's stock started at 280.0, soared to 287.6, dropped to 272.15, and finished the day 0.71% up at 282.0, with a trading volume of 7098664 shares.
Over the past 52 weeks, the stock reached a maximum price of 319.9 and a minimum price of 197.58.
The price projection is between 190.0 and 345.0, with an average expected price around 283.92856, according to 14 analysts.

Technicals

Support and Resistance: The price for MANAPPURAM is 282.0, with support at 282.75 and resistance at 282.75. This suggests a range where 282.75 acts as a base, preventing declines, and 282.75 caps gains, defining key trading levels.
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Support/Resistance for MANAPPURAM


Aroon: Aroon's bearish trend persists, with Aroon Down remaining at 100. This consistent downward momentum suggests continued declines, but further analysis is necessary using other indicators to fully comprehend the trend's future direction.
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Aroon chart for Manappuram Finance Limited


Bol. Bands: The price has fallen below the lower Bollinger Band and has remained there since the previous move, suggesting a strong bearish trend for MANAPPURAM. This sustained position below the band may indicate that the market is oversold, with downward pressure dominating the current trading environment. The persistent stay in this zone could signal further declines unless a reversal occurs, making it a key point for traders to watch closely.
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Bolinger Bands chart for Manappuram Finance Limited


Parabolic SAR: The PSAR remains bearish for Manappuram Finance Limited, establishing a crucial resistance level that could hinder any bullish attempts. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult for prices to rise.
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Parabolic Stop and Reverse chart for Manappuram Finance Limited


Stochastic: The Stochastic K-line is positioned below the D-line and sits under 20, suggesting a mildly bearish scenario. This setup indicates that the market might face some downside pressure, though the bearish signal is not particularly strong. Investors should consider this as a cautious indicator and monitor for further developments.
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Stochastic chart for Manappuram Finance Limited


Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments.
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Tripple SMA chart for Manappuram Finance Limited


A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's future prospects.