Manappuram Finance Falls 6%: Four-Day Winning Streak Snapped

Manappuram Finance falls over 6%, ending a four-day winning streak. ₹310 remains immediate support, while ₹335 is a key resistance level. Manappuram Finance Ltd

witnessed sharp selling pressure on September 28, 2026, falling over 6% and snapping its four-day winning streak. The decline comes after a recent recovery in the stock, while the broader trend continues to remain bullish. From a technical perspective, ₹310 emerges as an immediate support level to watch. On the higher side, ₹335 may act as a key resistance zone in the near term. Price movement around these levels could provide a clearer indication of the stock’s next phase. Despite the latest decline, Manappuram Finance remains around 18% below its all-time high recorded in July 2026. At the same time, the stock is still approximately 27% above its 52-week low recorded in March 2026, reflecting the wide trading range witnessed over the period. The latest session marks a notable pause after four consecutive gaining sessions, bringing short-term volatility back into focus. Market participants may track the stock’s price action around the ₹310 support and ₹335 resistance levels while assessing how the broader trend develops. Disclosure: I do not hold any position or have any financial interest in the mentioned stock.