Manorama Industries - Flag Pattern

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Manorama Industries is consolidating from last 2 months, and is ready to explode as it breakout for a ATH. Other factors:

1. Manorama Industries is into a niche business of making exotic fat / butter from vegetable seeds, which are used in Cosmetics, Chocolates and Confectionary.
2. Sales & Profits are increasing - high demand for its products
3. Next 3-4 years growth strategy ready - a plant in Africa, entering in Cocoa Butter Alternative market.
4. After a long jump, stock is consolidating from last 2 months.

Manorama Industries is in a very niche business and its growth strategy is sound to take it to heights.

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