muthoot finance longprice is at horizontal support & forming a bullish divergence in 2 hr timeframe.
Muthootfinance
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
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The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!
Correction ended on Muthoot Finance1) MACD Crossover
2) Rally and correction which has ended at 20 DMA
