the stock gave a breakdown today and however there is one risk, rising wedge should generally retrace from 50% fibonnaci levels but this stock has retraced from 61.8% levels. Hence it might be a risky bet. Still if stock falls it can give a good downmove.
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Muthoot reported a 2.5 percent increase in consolidated net profit. Idea invalid.
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i took the trade , fell decent points
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1130s low 😊😊