aks85

Muthoot Finance-Symmetrical Triangle Formation-Awaiting Breakout

NSE:MUTHOOTFIN   MUTHOOT FINANCE LTD
116 views
3
As seen after a strong uptrend price has been contracting in a narrow range, making lower highs and higher lows (symmetrical triangle) in the daily chart . A breakout with volumes on either side will decide the trend of this stock.
I would be more interested in the breakout on the upside as it is the primary trend. I will keep this stock in watchlist and review it once it gives a breakout.

Comments

This is been on my radar list for a long time , now eagerly looking forward for a breakout. Good work, keep it up. Regards
+1 Reply
aks85 NeeteshJain
Thanks for the kind words buddy. Manappuram finance is also doing exceptionally great, just have a look.
+1 Reply
Great as always :)
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out