Muthoot share is in uptrend & in bullish mode. The long entry can be taken as per the marked level above the price of 1185 after the BO of TL. Target level here is 1280 with the SL of 1142. Stock is trading above the 200 EMA & RSI Divergence is well supporting. Here we are expecting very good reward to risk ratio. So add the stock in your watch list to see the price action movement.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
Watch the free trading ideas performance sheet for the month of July-2020
drive.google.com/file/d/1_PKz2Sq...
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
Watch the free trading ideas performance sheet for the month of July-2020
drive.google.com/file/d/1_PKz2Sq...
Trade active
Comment:
High 1254
Comment:
High 1276
Trade closed: target reached:
level done 1280 book profit BO traders can trail the SL for another BO for the next level of 1300