long muthoot fincan go long for the tgt of 1100
mainly stop loss hunting so a quick trade according to me NSE:MUTHOOTFIN
MUTHOOTFIN trade ideas
MUTHOOT FINANCE WEEKLYPrice broke strong resistance zone on weekly TF marked by red zone.
Fibbo 61.8% support & bounced. Price has been falling from last 15th Nov 2021 and its been one year and now price is going sideways & trying to go up by making W pattern. Expecting a target 1350-1400.
MUTHOOTFIN bouncing off 200WMA and trendlineThe chart of the stock Muthoot Finance (NSE: MUTHOOTFIN) is bouncing off its long-term, seven year old trendline from where it has taken support multiple times in the past.
The stock is also bouncing off 200WMA which has also been its long-term support since listing.
The chart looks bullish with ultimate target of previous all-time high zone of 1800.
This is weekly chart time frame of MUTHOOTFINANCE!One can go long in this particular stock for positional, as it has taken good support on weekly time frame & can give potential target upto 20% from current level...
Muthoot finance- bullish tradeharmonic pattern indicating a 1:2.5 trade. The target could be achieved before the first week of January.
GAP CAN FILLMuthoot Finance looking good on daily chart by breaking strong horizontal resistance after long consolidation and give a good close on above that resistance, And a gap down area standing there on daily chart so it could be fill by this breakout so that's why I am taking that gap down as a target.
Muthoot Finance Cmp 1080 dated 1611-2022 Trendline breakdownMuthoot Finance Cmp 1080 dated 16-11-2022
1. Trendline breakdown below 1075
2. Rising Wedge Breakdown
Sell below 1075 for target 1050-1030-1010-985 SL 1125
Disclaimer :
I am not a Sebi registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
Muthoot FinanceMuthoot finance after a major consolidation is ready to fireup 1155/1200. Keeping SL 1091
muthootfinmuthoot finance is forming bw trend reversal pattern . expect 1220 if sustain above 1080. good risk to reward ratio
range breakout and trend reversalMUTHOOT FINANCE
Time frame- DAILY
*Entry - 1076
*Stop loss - 1034 (or 5%)
*Target - 1190 (or 10%) if market remains good then it can show price upto 1250
*Short term - medium term
*Reason- RSI above 60, range breakout, trend reversal.
Disclaimer:- I am not SEBI registered analyst. Only for information and education purpose. Please consult your adviser before investing.
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Moving in a tight range - GAP Filling possibleThe stock looks good above 1083 for intraday and 1093 (closing basis) for positional trade. Swing target 1163.
Learn & Earn,
Dr. Tanya Kumar
MuthootFin (Breakout)Stock has been consolidating well for past few days, any candle above yesterdays closing level will attract buyers and push the price up.
Ascending triangle pattern formed.
#Muthootfinance - On the verge of breakoutAfter a consolidation, volume is reflecting on the price movement.
Can be a good if crosses 1080 calmly.
Muthoot finance
Muthoot finance - positional picks
after a long consolidation it breaks a trendline will expect strong upside move
MUTHOOTFIN Consolidation from 3 months !!NSE:MUTHOOTFIN
#NSE:MUTHOOTFIN Consolidation from last 3 months, Breakout sustainability may give good momentum !!
MUTHOOT FINANCE SHOWING UPMOVEMuthoot finance heading towards 200ema
200ema or 1150 can be the target
volume is also good
u can study the stock and Q2 result
Muthootfin good to buy Short termAs going through the chart muthoot fin look bullish for short term. but still in correction in larger TF.
Muthoot Finance Expected Moves aheadMuthoot Finance Expected Moves ahead TGT mentioned in chart one can keep SL around 950
4 amazing trades with Nifty and Banknifty action plan for 29 SepI daily make educational content videos for financial markets
MUTHOOTFIN - Stock Idea for Tuesday, 27-Sept, 2022MUTHOOTFIN has beautiful support/neck line at 950 level which if broken can result in down move.
Stock has formed inverted cup & handle pattern as well.
Entry below 950
Earning from stock market is only possible with proper knowledge, practice & hard work. Anyone who seek shortcuts will only lose their hard earned money.
Idea posted is for educational purpose only. If you wish to learn & become independent trader, feel free to reach out.
Thanks
Piyush Gupta
Learn & Earn
Swing trade opportunity in Muthooth Finance Muthooth Finance looking good on charts, taking weekly support on 200 DMA, good swing trading opportunity, possible trend reversal.
Only for information and education purpose. Please consult your adviser before investing.
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