Muthoot capital shareI AM VERY BULLISH FOR SHORT TERM --Medium Term Higher High and Higher Lows , Top Points :472.05/23-Jul-21 00:00 439.2/04-Jun-21 00:00 393.25/08-Apr-21 00:00 , Bottom Points : 393.2/01-Jul-21 00:00 366.25/06-May-21 00:00
MUTHOOTCAP trade ideas
Muthoot Capital Buy @ 470
The stock was consolidating in a range for over a year and not it looks like breaking out of the range....
Buy with an SL of 450
Target as per Fibo
Muthoot capital buyBuy Muthoot capital @ cmp ..sl 380 below closing basis ..target 520 short term..long view 630-700-850 ..superb weekly bb blast ..
MUTHHOT CAPITAL CMP 483 BUY FOR TARGET 525- 600- 650- 750- 900MUTHHOT CAPITAL CMP 483
BUY FOR TARGET 525- 600- 650- 750- 900-1000- 1100-1200+
SL BELOW 350 - CANDLE CLOSING BASIS
HOLDING PERIOD 3-5 YEARS
MUTHOOTCAPMUTHOOTCAP: Looking Good
Symmetrical Triangle Pattern Breakout Sustaining/Closing Above 450
Bullish Breakout Pattern Breakout Sustaining/Closing Above 457
new trend seems to startlooks like Accumulation has been completed. New up trend seems to start from here
lots of upward resistance T1 and T2 easily achievable
LONG MUTHOOTCAPEnter in MUTHOOTCAP between 360 and 280....wait for reversal with volume on lower TF........ No sl as it was for investment purpose....... Immediate target for swing traders will be around 520,640 and long term above 800 easily......levels are marked........ best buy if goes around 200
triangle breakout may occure after long term consolidation.can be bought at CMP 380 (24 Mar 21) with SL 340 for target 1300 and above in 3 years.
Keeep an eye daily.If it rejects from the blue line we will short it for much much big profit;). May be more than 40%.
MUTHOOTCAP Two year TrendLine ready for BreakoutNSE:MUTHOOTCAP Levels already mentioned.. Look for swing to short/mid term..
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MUTHOOTCAPITAL FLAG AND POLE PATTERN ON DAILY AND 4H CHART breakout over 470 could give good short term return on swing trade
if analyses is wrong or if u wish to contribute,pls let me know in comments
A good buy call can be initiated in Muthoot capitalThis stock is in good consolidation period from last 2 months .Now as we can see there is a big support for this stock @260 levels and a breakout is expected above 300.50 for 1st target of 320 nd second target of 346...Best part is stock is taking perfect support @ trendline...
Hope you like the analysis...Ask your questions in comments
Buying opportunityCan be bought only if weekly closing is above the resistance line, wait for retest on daily charts to enter above 315, for target of 400 and above
LONG MUTHOOTCAPBottom out would be around 160 -170. Short covering expected around 176 .
Buy around 150 TGT 428 SL 130 .
Will revise SL again . All the best
