MUTHOOTFIN (Muthoot Finance Ltd) #BUY ABOVE 485
Buy MUTHOOTFIN between 425-415 T1: 515 T2: 570 SL: 385
Expecting MuthootFin to give breakout. One can go long with SL below 450. Risky traders can also look for short around 470-475 with SL above 477.
Most of the time I given my views before breakout, by viewing indicators and having confident on that, So safer traders, can initiate trade after breakout (on closing basis) and risky traders can buy from this level. Daily MACD cut,Weekly MACD crossover, ADX loosening the negative bias,RSI and CCI are in positive mode helps to breakout and reach the target on...
MUTHOOTFIN looks looks weak for short term and struggling for a proper bounceback. Sell Below: 375 for targets - T1: 356 T2: 349 T3: 341 SL: 393.8 Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss...
Correction may happen on upside or may open gap up and then it will fall continue. Trade Levels Short Entry - 465 Targets - 455 / 445 Stop loss - 480
Buy MUTHOOTFIN between 480-490 T1: 525 T2: 550 T3: 575 SL: 454