Breakout Stocks: How to trade Eris Lifesciences, Manappuram Finance and Muthoot Finance that hit fresh 52-week high? – Market Summary
The stock has given a 52-week high breakout from its previous all-time high with a strong bullish green candle and has moved up 15% in the last 20 days.
If the stock breaks and closes above ₹1,911, the potential targets are Rs 2,128 (T1) and Rs 2,412 (T2), with a stoploss at Rs 1,384.
The stock has performed impressively, delivering a 76.88% return over the past year and 18.64% in the last 6 months.
It is witnessing strong buying momentum, with volumes crossing the 50-day moving average on the daily time frame.
(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
