TradingView
BlackJackCo
Jan 12, 2019 9:11 AM

NSE: Muthoot Finance pull back rally from 389 continues strength Long

MUTHOOT FINANCE LTDNSE

Description

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.

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
More