Rising wedge in muthoot

Nov 3, 2020

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.

Nov 3, 2020

Note

Muthoot reported a 2.5 percent increase in consolidated net profit. Idea invalid.

Nov 4, 2020

Note

i took the trade , fell decent points

Nov 4, 2020

Note

1130s low 😊😊