NSE:MUTHOOTFIN
Pattern already activated
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic...
Be Cautious Long Position Holders in Muthoot Finance
If you have any Open Long Position in Muthoot Finance, keep eye on the price movement in the next week.
Major Monthly Support has been Breached. It has been tested multiple times in the past few months, so major probability is it may get broken now fully.
Moreover, it shows probability of Death Cross. 50 MA...
The Trade is based on the following observations :
~ Moving in a channel pattern.
~ Low Volume Selling.
~ Long bottom wicks seen as before on the key support zone.
~ RR > 1:2.35
The chances of trade playing out are 80 % (premium members are already triggered)!
I hope you can now see how MUTHOOTFIN represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that...
Date : 22-July-2021 #MOH
Stock : MuthootFin
Pattern name 👉🏻 Bearish Deep Crab 🦀
Current Market Price : 1605
Expected Reversal Zone : 1656-1660
Details:- Muthootfin have rised along with market, As per Bearish Deep Crab 🦀 , Expect this stock to give reversal from 1656-1660 level
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
Muthoot finance is in flag pattern with consolidation zone, so give an entry with appropriate Stop loss after the breakout from the zone
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give...
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🔥 Common sense used: Do watch the video to get to understand all of the information
📌 Structure is bullish
📌 A good pattern is created above the triangle pattern
📌 On 30mins it is showing an amazing pattern = wait for BO and enter sharply with risk defined on...
Muthoot finance is in flag pattern with consolidation zone, so give an entry with appropriate Stop loss after the breakout from the zone
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry...
Shooting star has been seen at near resistance area. Sell below 1260 TGT 1150 SL 1305. This is moderate risk & high reward trade. once stock breach the level will try to shift your SL to risk free trade.This is for your educational purpose only.
