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MUTHOOT FINANCE LTD.MUTHOOT FINANCE LTD.MUTHOOT FINANCE LTD.

MUTHOOT FINANCE LTD.

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MUTHOOTFIN trade ideas

Muthoot Finance | VCP Pattern in Play Muthoot Finance | VCP Pattern in Play 🔍 Technical Overview 📈 Trend: Uptrend, trading within an ascending channel. 🔄 Pattern: Volatility Contraction Pattern (VCP) in progress, signaling potential explosive movement. 📉 Correction: The stock corrected ~15% during the recent market sell-off but rebounded strongly, re-entering the channel. It’s now only ~9% off its recent ATH, showcasing resilience. Key Levels to Watch ✅ Entry Point: Breakout above ₹2279 with strong volume and a wide-range candle. 🎯 Targets: T1: ₹2492 (R:R = 1:1) T2: ₹3200+ (post-market stabilization, aiming for R:R = 1:2) 🛡️ Stop Loss: ₹2067.9 (below the most recent swing low to manage risk). Strategy 1️⃣ Enter 30% position on a clean breakout above ₹2279. Wait for a retest and continuation to add the rest. 2️⃣ If the breakout is sharp and you miss the entry, wait for a retest and continuation before entering, do not enter in FOMO. 3️⃣ Once T1 is hit, book partial profits to lock in gains, given the weak market conditions. 4️⃣ Hold the remaining position as per your risk appetite and trail your SL to protect profits. Why This Stock? ⭐ Resilience: Despite the correction, Muthoot Finance re-entered the channel, showing strength against market headwinds. 📊 Strong Indicators: RSI is rising, signaling bullish momentum, and the VCP pattern suggests tightening volatility before a potential breakout. 📉 Controlled Drawdown: From its ATH, the stock fell just ~9%, demonstrating relative strength compared to the broader market. ⭐Trading above Key DMAs Key Risks to Consider ⚠️ Weak Market Conditions: Broader market trends remain bearish, trading below the 200 DMA, increasing the chance of a failed breakout. ⚠️ Volume Dependency: Strong breakout volume is essential to validate the pattern. ⚠️ Market Correlation: Any further market correction could pressure this trade setup and the probability of hitting the SL increases. So trade light. Who Should Trade This? 1️⃣Aggressive Traders: Can follow the breakout strategy with proper position sizing. 2️⃣Conservative Traders: Wait for market stabilization and a close of NIFTY 50, Nifty 500 above the 200 DMA before entering any trade. Actionable Insights 🔒 Lock Partial Profits at T1: Secure gains to mitigate risk in this volatile environment. 📈 Trail Your Stop Loss: Once T1 is achieved, manage the trade dynamically to maximize returns. Disclaimer This analysis is for educational purposes only and not financial advice. Please conduct your own research and analysis before making any investment decisions. Trading involves significant risk. Trade wisely and stay disciplined! 🚀📊
NSE:MUTHOOTFINLong
by sagartharayil
MUTHOOTFIN - CUP AND HANDLE FORMATION WITH BREAKOUTHi All, This idea is about Muthoot FInance Very interesting pattern has emerged on Weekly chart. Cup and Handle formation and then a successful breakout from both sip line and long term resistance. Relative Strength has turned positive as compared to Nifty. High relative volume crossing benchmark level of 2 Traders are advised to wait till price is as close to 10 SMA on daily TF as possible. FnO trade can also be taken Happy Trading, Thanks, Stock-n-Shine
NSE:MUTHOOTFINLong
by Stock-n-Shine
MUTHOOT FINANCE LTD AnalysisOR LEARNING PURPOSE MUTHOOT FINANCE LTD - The current price of MUTHOOT FINANCE is 1773.15 rupees I am going to buy this stock because of the reasons as follows- 1. Its coming out from a good consolidation base 2. Its making a new ATH and breaking the resistance of 2.5 years 3. It is showing better relative strength as it stood strong in volatile times 4. The risk and reward is favourable 5. This stock has underperformed in last 2.5 years (where many were making ATHs, this was not making) but now, its showing some signs that it can do good and now probably it can act as leader for next few weeks
NSE:MUTHOOTFIN
by MISSION_TRADING
Muthoot Finance - Risky 1:3 RR bet based on BO1. Volumes are low 2. Risk of BO failure 3. For now prices are sustaining above the BO level that's a good sign 4. Below Dz will be the best area to go long. 5. Trade with 10% SL - Stay tuned for further insights, updates and trade safely! - If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing. Thanks & Regards, Anubrata Ray
NSE:MUTHOOTFINLong
by SuperNova396
MUTHOOT FINANCE LTD AnalysisFOR LEARNING PURPOSE MUTHOOT FINANCE LTD - The current price of MUTHOOT FINANCE is 1773.15 rupees I am going to buy this stock because of the reasons as follows- 1. Its coming out from a good consolidation base 2. Its making a new ATH and breaking the resistance of 2.5 years 3. It is showing better relative strength as it stood strong in volatile times 4. The risk and reward is favourable 5. This stock has underperformed in last 2.5 years (where many were making ATHs, this was not making) but now, its showing some signs that it can do good and now probably it can act as leader for next few weeks 6. The latest result has been good, which gives bonus numbers I will buy it with minimum target of 35-40% and then will trail after that. My SL is at 1571 rupees I will be managing my risk.
NSE:MUTHOOTFINLong
by Its_Bhushan
5
MUTHOOT FINANCE FORMING CUP AND HANDLEThe stock has been forming a beautiful cup and handle pattern on the daily time frame moroever since november 2021 It is a strong resistance at the 1710 levels which has been tested thrice as indicated by the green upmarks It has quite storng bullish momentum which can lead it to the 2500 in no time and quite reliable pattern The industry PE is around 21 and the stocks PE is 17 which shows favourable valuation also EV/EBIDTA RATIO is 12 which indicates more reliabilty , there has been increase in sales and profits on QOQ basis however on YOY basis it has seen a slight decline also the cashflows are negative which arises serious concern for the company overall the company is available at a decent valuation and with great pattern which can yield some serious returns
NSE:MUTHOOTFINLong
by keshavmaharaj958