Muthoot Finance - Breaks Symmetrical Triangle
Updated
It is been observed that the price action breaks out from a symmetrical triangle on a daily chart, indicating a strong selling and further weakness ahead. It is important to confirm the breakout with a close below 350 levels.
T1: 325
T2: 310
T3: 300
Stoploss: 370
T1: 325
T2: 310
T3: 300
Stoploss: 370
Trade active
It did close below 350 levels, now it shall go further down from next week. RegardsTrade closed: target reached
Trade closed: target reached
Today, we also achieved Target 3 successfully, Regards
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