we have spotted yet another major breakout in LT, it has been in a channel since 2007, this might be a good opportunity, It already broke the channel, Now we can see higher levels, if it corrects, it might test 1590 levels and then move higher SL should be big for 1M timeframe analysis and the targets too
After a 175 Pip move yesterday into the daily resistance, we seem to have rejected right off of it and moving bullish. Though the overall trend still seems as bearish I would expect sells to be much faster than buys due to the overall trend on the higher timeframes. If trend is your friend and the way Bullish Momentum is being pretty slow, I would think that...
Muthoot finance flag breakout retest and continuation on Daily timeframe. Long entry above 1577 for swing cum Intraday view.