Hi Folks,
Looks like MuthootFin is absorbing as many quantities as possible for a strong breakout. Triangle Squeeze + Two Fake outs = strong breakout possibilities.
I hope you will benefit from this knowledge
-MetaVish
Microsoft has been moving along 50 days EMA. It broke that support yesterday and is currently right back at it. Important for it to reclaim the 50 days EMA and move up along with it.
On hourly charts, it has given a probable fake breakdown reversal alert .
One can plan an entry at the current price ($210), with a stop loss at around $203.
If the Uptrend...