There may be a entry chance here with stop loss of 1125-1120. target will be around 1360 or even much higher. Only for educational and knowledge sharing purpose, not a trading advice. Plz comment your views in comment box.
ALL THE LEVELS ARE MARKED ON CHART, RED ZONES DENOTES SUPPLY ZONES AND GREEN IS FOR DEMAND ZONE . NEED TO SEE HOW THE PRICE PERFORMS NEAR THE BLACK TREND LINE. The indicator used: 1) Daily Lines plots Daily 20 & 50 EMA on lower time frame charts 2) TE-REKAB - PB : PULLBACK If you like the analysis, do leave a like and follow for more such content coming...
#muthoot already told to be bullish 1160... next targets 1200 and 1250 as told earlier. See the linked chart...
Muthoot Fin seems in a crucial zone and making base around .382 Fib Level. Good for Long above 1160-65 for Targets 1227 - 1250 -1300
Everyone's buying nifty, guess who is selling? Big players coming in.. Gonna crash baby
The Descending Triangle is bearish formation during a downtrend of a security. However , there are instances when Descending Triangle forms a reversal pattern which seems to be the case of Muthoot Finance. Targets on the chart. Disclaimer : The opinions and analysis expressed herein are for informational and educational purposes only and should not be considered...
1) MACD Crossover 2) Rally and correction which has ended at 20 DMA
MUTHOOTFIN BUY ABOVE 1146 ~ 1148 TARGET: 1153, 1159, 1164, 1170, 1175, 1196 Posting for Educational purpose only If my analysis appears OK then please LIKE, FOLLOW and SHARE to get more future ideas
muthoot is at its first recent support and taking uptrend
Our previous Analysis on Muthoot finance failed due to doji on candle 2 weeks back. Please follow current set up. Muthoot after breaking out above 1180, never closed before that on weekly closing hence our sl is 1180/1175 weekly closing basis Views are for educational purpose only
GO LONG FOR SWING TRADE WITH STOPLOSS BELOW SUPPPORT. TRENDLINE CAN ACT AS A POSSIBLE RESISTANCE SO BOOK PARTIAL PROFIT STRICTLY TRAIL SL.
FOLLOW IF YOU FIND MY ANALYSIS ANY HELPFUL. :)
INTRADAY TRADE IN MUTHOOT FIN BUY@968 STOP@960 TARGET@983 !!please note trade with caution!! !!manage your risk!! !!trade-wise!! !!please adjust for future rates!!
INTRADAY IN MUTHOOT FIN SHORT@818 STOP@830 TARGET-1@808 QTY=800(CASH) !!please note trade with caution!! !!manage your risk!! !!trade-wise!! !!please adjust for future rates!! !!intra-day ideas series everyday at between 9:30 to 10:30!!
INTRADAY TRADE IN MUTHOOT FIN FUT BUY@843 STOP@832 TARGET@855 QTY=1500 !!please note trade with caution!! !!manage your risk!! !!trade-wise!! !!please adjust for future rates!! !!intra-day ideas series everday at between 9:30 to 10:30!!