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HariprasathGopal
May 16, 2018 3:34 AM

Zones on MUTHOOTFIN 

MUTHOOT FINANCE LTDNSE

Description

The previous demand zone has been broken by the closing trade. But we responsive buying (according to Market Profile) from the buyers below leaving single prints and ending the day with an upthrust bar. There is a possibility gap up open .
This gap up open shall absorb the immediate supply zone. If failed we may see down fall, else stock will spend some time on yesterday supply zone and move up.

Comment

gapped up and resisted now as said

Trade closed: target reached

The stock has fallen down by 50 rs in 3 days
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