Manappuram Finance bucked the subdued trading in the Indian market, as the stock spurts from its long consolidation phase to gain 12.54% on higher volumes. As a result, the stock is trading 11% above its pivot level of INR 106.90. Technically, the stock has a buyer demand of A and Price strength of 57( increased from 48 in 1st December 2017 ) which indicates a strong demand for the stock.
