1. Muthoot Finance has broken out from flag pattern
2. Stock has taken support in 200EMA
3. Also took support from the channel
4. Started forming HH and HL in 1hr TF
5. Good pickup in volume in the past few days of breaking out
6. 1:3 risk reward setup
Target and Stop loss levels are mentioned in the chart
Please like the post if you find it useful and leave your suggestions if any in the comments. Let's build an awesome community of traders and lifelong learners. Thank You.
Happy Trading!
2. Stock has taken support in 200EMA
3. Also took support from the channel
4. Started forming HH and HL in 1hr TF
5. Good pickup in volume in the past few days of breaking out
6. 1:3 risk reward setup
Target and Stop loss levels are mentioned in the chart
Please like the post if you find it useful and leave your suggestions if any in the comments. Let's build an awesome community of traders and lifelong learners. Thank You.
Happy Trading!
Trade closed manually:
A high of 1439 is reached
Trade closed: target reached