Overall Technical outlook

Price Summary

Manappuram Finance Limited's stock saw a 2.96% rise, showcasing an phenomenal market day.
On 2025-05-30, Manappuram Finance Limited's stock opened at 231.81, peaked at 242.0, hit a low of 231.12, and closed 2.96% higher at 238.66, with 20396617 shares changing hands.
In the last 52 weeks, the stock's top price was 240.38 and the bottom price was 139.5.
The expected price range is between 160.0 and 270.0, with a mean anticipated price of 226.23077, according to 13 analysts.

Technicals


Aroon: The Aroon indicator continues to show a bullish trend, with Aroon Up remaining at the 100 level. This suggests strong upward momentum, but the trend should be examined further using other indicators to confirm its strength and potential for continuation for MANAPPURAM.
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Aroon chart for Manappuram Finance Limited


Bol. Bands: In the latest price action, the current price has surpassed the upper Bollinger Band, indicating a bullish breakout. This upward movement suggests that the market is experiencing strong buying pressure, driving the price higher. Such a move is often seen as a sign of increasing momentum, potentially leading to continued upward movement.
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Bolinger Bands chart for Manappuram Finance Limited


Parabolic SAR: The PSAR remains bullish, establishing a key support level that could help uphold the market's upward trajectory. This persistent bullish outlook suggests that the market may continue to rise, with the support providing a foundation for further gains.
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Parabolic Stop and Reverse chart for Manappuram Finance Limited


Stochastic: The current state of the STOCHASTIC is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction.
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Stochastic chart for Manappuram Finance Limited


Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the wavering slopes of the 20 and 50 SMAs hint at a potential shift. This weakening of momentum could indicate that the bearish trend is running out of steam, possibly leading to a bullish reversal in the near future. Investors should be aware of the possibility of a market turnaround as the current downtrend weakens for Manappuram Finance Limited.
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Tripple SMA chart for Manappuram Finance Limited


Before diving into the technical aspects of a company, such as stock price charts or volume trends, it's important to understand its fundamentals. These fundamentals include financial stability, growth potential, and strategic positioning. Additionally, knowing the broader industry landscape, including competitive pressures and regulatory factors, offers deeper insights. When this fundamental analysis is combined with technical indicators, it leads to more informed, accurate evaluations of the company's overall performance.