Muthoot on short term Parallel channel support Long

MUTHOOT FINANCE LTDNSE

Description

⋅ Aug 9, 2021 7:09 AM

Stock is moving in a parallel channel and is currently near support. Can be bought for a target of 1600-1620. CMP-1500. SL will be 1450 on a closing basis. HIT the like button if you liked my analysis and do FOLLOW for regular swing trading ideas.

Comments

gaurangtalati0503

⋅ Aug 10, 2021 8:42 AM

sir..spot now 1477. Still SL is 1450? Can we hold or exit

TradingWithRahul

⋅ Aug 10, 2021 8:43 AM

@gaurangtalati0503 yeah, SL will be 1450

gaurangtalati0503

⋅ Aug 11, 2021 3:56 AM

@TradingWithRahul, the price is spot or future?

now spot cp is 1458

TradingWithRahul

⋅ Aug 11, 2021 3:58 AM

It's spot

gaurangtalati0503

⋅ Aug 11, 2021 4:04 AM

@TradingWithRahul, looks like 1450 will be today on closing basis.. any views?

TradingWithRahul

⋅ Aug 11, 2021 4:05 AM

@gaurangtalati0503 yeah maybe😅, let's see. It can bounce back also

gaurangtalati0503

⋅ Aug 11, 2021 4:22 AM

@TradingWithRahul, 1405 spot

gaurangtalati0503

⋅ Aug 9, 2021 7:26 AM

by when do u think we can hold if we buy today

TradingWithRahul

⋅ Aug 9, 2021 7:28 AM

@gaurangtalati0503 Sorry😅 but I don't time the markets. The target can come in 2-3 days or might take 1-2 weeks.