Long Setup In Muthoot

Updated
A Inverted Head & Shoulder Chart Pattern Breakout happened on the Daily Time frame of MUTHOOTCAP

Price Action supported by volume.

The stock is currently in uptrend making higher highs and higher lows.

One can add this stock into their stocks to buy list.

One can initiate the long trade as per the lavel mentioned on the chart

Stop loss will be on a Daily closing basis.


Trend Analysis :- UP Trend
Chart Pattern :- Bullish Inverted Head & Shoulder Chart Pattern
Technical Indicator :- Positive MACD Crossover

Disclaimer: This is for Educational Purpose only.
Trade active
TESTING OF NECKLINE HAS BEEN DONE..............
Trade closed: stop reached
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