Short below 1211 TGT 1208-1206-1204 SL 1217
1/price making HH ,HL in daily & price break previous high so trend now bullish(in hourly it makes HH & HL) 2/price correct in major trend 38% & short term trend 62% 3/MacD showing divergence 4/Bulish sign comming in weekly chart( mornig star candlestick pattern) 5/Entry If price sustain aboe BO line 1hr 5/SL below recent swing low in daily 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
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
SHORT MUTHOOTFIN AT 1207 SL 1240
Muthoot Finance Limited : ( NSE:MUTHOOTFIN ) is Making Symmetrical Triangle Pattern (PATTERN BREAKOUT TRADE). This can become a very good trade for iNTRADAY Traders. Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that BROKE this pattern. Or ...
Sell below 1081 TGT 1077-1074-1070 SL 1090
Previously it did not break that line. not its showing signal to go up by Rs 100 with small stop of 1000. My view only may be 100% wrong
It looks like this stock is getting ready for big upmove upto 1400 levels as per my analysis and I may be 100% wrong
SELL below 1106 TGT 1103-1100-1095 TGT 1118
MUTHOOTFIN BUY: 1125, SL: 1050, T1: 1250, T2: 1380 . The pattern so formed is Rising Wedge and has a clear breakout. . Buy when stock retest its support trendline. . Share with your friends and colleagues who need to learn how to trade. . A friend in need is a friend indeed. . Disclaimer: Do your own analysis before taking any action. . -MOHIT RAJANI
TREND ANALYSIS & TRADE SETUP ! UPDATED CHART ! Head & Shoulder Chart Pattern ! Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. Wait for entry setup, if available then Long/short. Reward is 12-18 % Gain.
PLEASE SEE CHART FOR DETAILS TARGET 1: 1300 TARGET 2: 1400 STOP LOSS : 1065 **These are my personal observations. Please trade at your own risk.**
Buy Above 1164 TGT 1168-1172-1175 SL 1156
Details in the chart Reason for the trade breakout with volume Sl below 1077 T1 1227 T2 1287 T3 1377
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