Muthoot fin looks good for swing traders. SL level mentioned on chart.
Swing traders can watch out MuthootFin with SL below the Breakout TL.
In a consolidation zone , near supports but finance sector looks bearish so look for shorting opportunity if supports breached.
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.
Buy @ C.M.P (CURRENT MARKET PRICE) Sell Target 1 :- 1290 Sell Target 2 :- 1320
BUY Muthoot at CMP Sl is Today LOW 1523 Try to catch full movement
#muthootfin #triangle_pattern Triangle PATTERN BREAKOUT Happy Learning
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...
👑 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...
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...
wait for a retest the go long
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.
MUTHOOTFIN 1 MONTH chart range bound pattern it will break soon. target 1 = 1388 target 2 - 1606
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.
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...
price is at horizontal support & forming a bullish divergence in 2 hr timeframe.