Muthoot Finance: Pole and Flag pattern All levels are mentioned on the chart.
DISC: Please consult your financial advisor before making any bet.
MUTHOOTFIN
Muthoot finance to take long entryBuy Muthoot finance @ 1325 with the target price of 1400 with the SL of 1270. Can sell half the quantity at 1400 level & remaining qty at another high expected to touch the level between 1415-1430. Good risk to reward trade. Stock is at consolidation level at resistance level.
MUTHOOT FINANCE Trading SetupIn a long consolidation, now sustaining at higher levels. If a up move comes, can go a lot higher.
MUTHOOTFIN at it SUPPORT zone I will buy MUTHOOFIN because :
It has been taking support at the trend line .
It has touched the support.
So will be looking at buying opportunities.
If it breaks the support look at shorting
Entry : 1105
Target : 1300/1374
Stop loss : 1000
muthootfin breakoutafter multiple rejection finally muthootfin give a breakout.
if take support go for long.
double bottom/rounding pattern/resistance trend line based tradedouble bottom neckline break above 1310
buy for target 1327, 1345
pattern seen - double bottom, 2 rounding pattern, resistance trend line break
disclaimer - trade @ own risk
#MUTHOOTFIN Preparing for FLAG BO#MUTHOOTFIN Preparing for FLAG BO. Can be accumulated.
Details in chart.
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
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⭕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 !
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✍COMMENT Below your view !
muthoot finance longprice is at horizontal support & forming a bullish divergence in 2 hr timeframe.
Muthoot Finance a big opportunity We cannot know whether it's distribution on accumulation but there lies a big Investment or A long Future's swing trade. for a month or3 2. If it turns bullish we can expect new highs which has more probability considering the good fundamental Values of the business.
MUTHOOTFIN - KEY BREAKOUT LEVELS FOR 8 JAN 2021Those interested in Intraday Equity Cash & Futures calls/strategies, you can direct message me for further details
Muthoot Finance - Resistance Line Break out - @mayurdharodNSE:MUTHOOTFIN good above 1300-1320. Look for 1400-1440.
MUTHOOTHFINMUTHOOTHFIN:- BUY AT 1234 FOR TARGET 1270/1285 SL 1210 (ASCENDING TRIANGEL BREAKOUT)
#Disclaimer:-I just shared view for only educational purpose.
MUTHOOTFINThe stock seems heading towards 1400 after break of downward trendline near 1252. SL can be kept at 1177.
Muthootfin - Pennant breakout after two fakeoutsHi Folks,
I am posting the chart again as made some more analysis and proper target analysis.
I hope you will benefit from this knowledge
-MetaVish
Muthootfin - Faking both side breakoutsHi 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
MuthootFin is looking great for a short momentumThe analysis is given on the chart
Comment if you have any query and if you like my analysis, don't forget to press the like button.
I am not a SEBI registered investment advisor and hence do not follow my analysis blindly.
Be aware of what you are trading and the risk associated with it.
Stock market is risky and you can lose a lot of your capital.
Be wise and
MUTHOOTFIN Buy signal at 1064 , Long term stockMuthootfin has broken its major resistance.
The price can reach its 52 week high again.
We will be looking at holding it for a long term , good for long term investors.
ENTRY : 1064
TARGET : 1400
STOPLOSS : 850
