Muthoot Finance - Triangle Breakout and Pullback

Muthoot Finance has given a triangle breakout and pullback, can be bought at current levels and safe buy above 1312 with a stoploss below 1230 daily closing basis for targets of 1345 and 1405 initially.

VIEWS FOR LEARNING PURPOSE ONLY

Comment:

Zone above our stoploss is acting as a demand zone indicated by the long wick on the lower side formed yesterday, seems on its way to achieve our targets