MUTHOOTFIN
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
#ThankU For Checking Out Our Content , We Hope U Liked IT 📌
======================================================
⭕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 !
🙏FOLLOW for more !
👍LIKE if think is useful !
✍COMMENT Below your view !
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 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
MUTHOOTFINThis is my next two week bullish call on MUTHOOTFIN, support line are there with good volume supporting the bullish view.
Trendline and the specially designed volume action analysis suggest a BULL run on the MUTHOOTFIN.
Entry and Exit depends on when you are seeing this analysis :)
The background with light green color are indication for bulls taking the position and the Light red background suggest Bears are dominating in the region.
will give follow back to all the followers.
Please comment and let me know about my analysis, Follow for more analysis.
**DISCLAIMER
There is a very high degree of risk involved in trading. Past results are not indicative of future returns. I assume no responsibilities for your trading and investment results. The indicators, strategies, columns, articles and all other features are for educational purposes only and should not be construed as investment advice.