MUTHOOT FINANCE--> Strong uptrend expectedThe 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.
Muthootfinanalysis
17/02/2021 Research Report For MUTHOOTFINBuy @ C.M.P (CURRENT MARKET PRICE)
Sell Target 1 :- 1290
Sell Target 2 :- 1320
Go long in Muthoot finance Short term trade BUY Muthoot at CMP
Sl is Today LOW 1523
Try to catch full movement
Muthoot Finance - Extreme breakout
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 after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Swing trading and Intraday on MUTHOOTFIN - minimum 3% 👑 Drop a follow here: @Averoy_Apoorv_Analysis 👑 ----------------------- 🔥🔥 Target: 1000 Followers 🔥🔥
🔥 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 your setup
📌 2% logical Risk with 3% to more rewards towards ATH can be seen
⌛ Motivational and psychological area ⌛
✣Trade only if you are in the right mindset, if you have been emotionally weak for some time, take your time and don't trade, trade with a happy and + mindset only.
✣If you want to make money, firstly be prepared to lose it, only that much which you can afford and that much by which you can make a mistake again, learn from them and grow
✣Don't lose hope and keep grinding
✣I have seen my friends on youtube streaming games with watching 10, constantly they streamed for a year or two and now they are buzzing with 1k to 2k watching daily.
✣Focus on the process, you are here to make money not stupid decisions, and lose it all
✣No one will help you climb the mountain, few will tell the path, so follow good people, make good mentors and make good decisions and choices in the stock market.
✣Believe in yourself :)
🎓🎓 Some info about me :)
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼I don't take all the trades I post
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
☃☃☃☃ Thank You Have a Nice Trading Day ☃☃☃☃
Muthoot Finance - Flag PatternMuthoot 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 after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Muthoot finance SellShooting 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.
MUTHOOTFIN 1 MONTH BUYINGMUTHOOTFIN 1 MONTH chart range bound pattern it will break soon.
target 1 = 1388
target 2 - 1606
Muthoot Finance in a channel(potential long)Muthoot Finance is moving in the channel since August and now it is at the bottom level of the channel and has broken the trendline. So it is showing a potential long trade for swing.
MUTHOOTFIN - Multi-time Frame + fibo The Indicator Used:
PANEL 1:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts.
2) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
PANEL 2:
1) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV , hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
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 LOOK OUT FOR THESE LEVELS!!! ALL THE LEVELS ARE MARKED ON CHART, RED ZONES DENOTES SUPPLY ZONES AND GREEN IS FOR DEMAND ZONE .
NEED TO SEE HOW THE PRICE PERFORMS NEAR THE BLACK TREND LINE.
The indicator used:
1) Daily Lines plots Daily 20 & 50 EMA on lower time frame charts
2) TE-REKAB
- PB : PULLBACK
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!
Muthoot Finance#muthoot already told to be bullish 1160... next targets 1200 and 1250 as told earlier. See the linked chart...
MUTHOOT FINANCE LTD - Descending Triangle Breakout UpwardThe 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 as individual investment advise or recommendations. I am not your financial advisor. Risk it for Biscuit.
muthoot finance head and shoulder patternas you can see muthoot finance formed a head and shoulder pattern
target of nearly 800 level
