Buy from cmp to 1456 easy tg 1500 tg2 - 1550 tg3 - 1600 Not suggested Disclaimer : This is my personal analysis for study purpose not intended for trading.
The stock has given a fresh breakout today. we may get a pull back around the highs. Retail generally sells around the previous highs. And that pull back will be the only opportunity post the breakout. Tgts are mentioned on the right half of the chart.
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1%-2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose Please note that, if there are some big targets, those are drawn thinking...
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get...
Namaste! Muthoot Finance is one of my favourite stocks in the finance sector. The formulae I use to calculate intrinsic value suggests this stock, whereas it somewhat fails in the valuation of Bajaj Finance, SBI Cards, etc. It is trading at a PE (Price to earnings ratio) of 11.62, whereas Bajaj Finance is 51.29 and SBI Cards is 45.53. In most cases, the lower PE...
If trigger line crosses above -52.57, may reach 61.09, Cash price - 20-30 If trigger line crosses below -48.04, may reach 39.38, Cash price - 16-22
If trigger line crosses over 53.38, may reach 66.07, cash Price may reach 30-45 with a gap up. If trigger line crosses over 42.61, may reach 32.58, Option Price may reach 20-22.
Ouch, That gap down might hurt this movement ahead, base might get longer and 21 DMA would roll below 50 DMA if the gap acts as resistance as earlier in the chart
MUTHOOTFIN needs to fill the gap indicated by rectangle in chart before it moves up ahead. Nullifying the gap down from earlier is important from strength perspective. Recent volumes haven't been much promising.
Muthoot Finanace:Seems rounding bottom break out is on the cards.EMA Golden cross over also adds up to the belief to go long for 1330 TGT (For educational purpose only)
Muthoot finance breaking double bottom pattern trading above 20 ema strong RSI building up volume good for thisfestive season educational idea
intra buy around 1294 with stop 1281 targtet 1301+ trade purely based on trendline intersection disclaimer - trade @ own risk
Muthoot Finance Ltd. is an interesting chart with following 1. ABCD pattern under formation in weekly chart 2. Price taking support at 20 week SMA i.e. Rs. 1270 3. Price crossed above 20 Day SMA (1259) and is trading neat upper Bollinger bands. 4. RSI on daily /weekly / Monthly time frame is bullish strong 5. As per fib Projections next resistance can be 1368-...
please refer to chart daily time frame value and volume breakout seen small swing possible
NSE: MUTHOOTFIN is closing with a bullish consolidation candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 13% gain on...
Muthoot finance is ready for big move abv 1310 After yearly consolidation Stock has urge to go for 1400+
A possible breakout of On Neck pattern is confirmed . One can but the scrip NSE:MUTHOOTFIN at CMP or Below with an stop loss of Rs. 175 and for the possible targets of Rs. 1386/1442/1498 The Risk Reqard Ration is 1:3. Exit the position if the stop loss is triggered on WCB. DO YOU WANT ALL MY RESEARCH FOR FREE THEN DON'T FORGET TO FOLLOW ME and hit the...
Short MuthootFin Below 1346, SL of 6 - 8 points for Target of 1330. Reason for trade RSI Divergence, Weekly TF candle is shooting star. Avoid trade if opens big gap up Please note, I am not SEBI registered advisor, this is just my view and is for educational purpose. Please consult your financial advisor before taking trade. If you think this idea is use...