Muthootfin | Flag & Cup and Handle Pattern 🎯
Updated
⭕ Positional Trading opportunity ! Daily Chart Alert !!!⭕
--Buy Above =1187 or CMP
--Target = 1263 | 1381
--Stop-loss = 1087
--R:R =3.65
--Expected Profit = 27%
--Expected Holding = 1-3 Months only
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⭕Technical Reasons to trade or Strategy applied :- ⭕
1) Stock Has formed Flag pattern, cup & handle pattern as well
2) Volume is good I have checked
3) Targets are totally based on the resistance & pattern height
4) there is a breakout of handle, one can wait for the clear BO as well
5) 200 ema support , cause stocks just have broken the 200ema
Guys check out the related ideas as well, it will work really well GUARANTEED !
🙏FOLLOW for more !
👍LIKE if think is useful !
✍COMMENT Below your view !
--Buy Above =1187 or CMP
--Target = 1263 | 1381
--Stop-loss = 1087
--R:R =3.65
--Expected Profit = 27%
--Expected Holding = 1-3 Months only
#ThankU For Checking Out Our Content , We Hope U Liked IT 📌
======================================================
⭕Technical Reasons to trade or Strategy applied :- ⭕
1) Stock Has formed Flag pattern, cup & handle pattern as well
2) Volume is good I have checked
3) Targets are totally based on the resistance & pattern height
4) there is a breakout of handle, one can wait for the clear BO as well
5) 200 ema support , cause stocks just have broken the 200ema
Guys check out the related ideas as well, it will work really well GUARANTEED !
🙏FOLLOW for more !
👍LIKE if think is useful !
✍COMMENT Below your view !
Note
wait for the Trade activation signal as it is going downNote
Trade active
Note
counter candle with big volume jumped in .........wait for more clear sign or else hold with strict SLTrade closed: target reached
1st Target is Achieved bought @ 1187
booked @ 1263
pints earned =76
lot size = 750
PROFIT booked per lot = 57,000 ( 6.50 % ) in one week
Note
Note
safe can book now rest modify their SL to 1142
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