NSE: Muthoot Finance pull back rally from 389 continues strength
NSE: Muthoot Finance
Upside momentum from low of 389 continues with strong participation.
One can initiate a buy to ride the wave.
Price breakout above 500 suggests momentum will continue with stop loss of 480 and can achieve target level of 550, 558, 568, 598
With further breakout above 598, target of 726 insight.
At current level strength of pull back is looking strong with price movement in very strong up channel.
Upside momentum from low of 389 continues with strong participation.
One can initiate a buy to ride the wave.
Price breakout above 500 suggests momentum will continue with stop loss of 480 and can achieve target level of 550, 558, 568, 598
With further breakout above 598, target of 726 insight.
At current level strength of pull back is looking strong with price movement in very strong up channel.
Trade active:
Marching forward made high of 548 today.
Comment:
480 worked as support, price pulled back
Trade closed: target reached:
550, 558, 568. Targets achieved