Co-Relation: MANAPPURAM & GOLD

Multi - BOTTOM @ 96 in Weekly Chart.
Gold Price Increased in Global Market.
Fundamentally Business of Manappuram finance based on Gold Loan.
In Daily Candle Chart Formation of "DOJI" after Long Body Bearish Candle Suggests Reversal.

T+2 Tgts: @ 101.65, 103.75, 104.75, 106.75, 108.60+ (Next Follow FIB Tgts mentioned on Chart).

Education purpose only.

Commento:

"Nitiatog' recommend Slash of GST in GOLD from 4% to 3%.
Keep eye on this Matter before taking Trade decision.