Vijayaraghavan
Long

Muthoot Fin Short term view

NSE:MUTHOOTFIN   MUTHOOT FINANCE LT
Most of the time I given my views before breakout, by viewing indicators and having confident on that, So safer traders, can initiate trade after breakout (on closing basis) and risky traders can buy from this level.
Daily MACD cut,Weekly MACD crossover, ADX loosening the negative bias, RSI and CCI are in positive mode helps to breakout and reach the target on coming days. One hour chart also favorable to enter at CMP.

Vijayaraghavan.K,
Kovilpatti.

Trade active: Today breakout done. Going to our target range.
Trade closed: target reached: Target achieved.
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