Muthootfin | Flag & Cup and Handle Pattern 🎯

⭕ 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

#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 !

Comment:

wait for the Trade activation signal as it is going down

Comment:

Trade active

Comment:

counter candle with big volume jumped in .........wait for more clear sign or else hold with strict SL

Trade 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

Comment:

Comment:

safe can book now rest modify their SL to 1142