MUTHOOT FINANCE LT

NSE

MUTHOOTFIN

SELL CMP 571 ADD MORE AVERAGE NEAR 620 TARGET 520 POSITIONAL ( TIME HORIZON 3 MONTH ROLLOVER DERIVATIVE CONTRACTS) @Disclimer:- Make Own Research Before Take Action in Recos This Post only For Education Purpose Only Follow More Live Updates :- Youtube/Telegram/twitter :- @NseDerivativeDesk Query on Whatsapp:- +91-7440557654 Thanks !!

sl 566 buy abv 580 target 610/630

trendline 4 entry only after trend reversal

expecting muthoot to complete round top formation and to touch 200 sma. Can expect 530 soon

check for lower time frame for reversal and go long if it breaks the channel then selling can happen refer chart for details

MuthootFin at support: Can buy above 595 sl 585 for 602-609-620

short with 593 sl for 540

MUTHOOTFIN bullish

Muthoot Finance - Entry @ 580-600 3 yr average sales growth - 12% 3 yr average profit growth - 39% 3 yr average margin growth - 19 % Accelerating sales, profit, and margins. Such a combination is lethal and if we have a bull market to support such conditions, this stock may go much higher from here.

Buy MUTHOOT above @631

Please observe the priceaction at such crucial levels. do not jump in directly, must anticipate appropriate reversal signals to go in.

only for Educational purpose

Refer chart

MUTHOOTFIN

It broke out and it went up 13% this month. Expecting a slight retracement to monetize before it moves up again. Short Muthoot Finance 620 CE at 6.7

Levels mentioned in the chart!

Short if it breaks the low of the previous day with a stop loss at the previous day's high. In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.

Muthoot finance - Weekly Analysis Channel top + Bearish Butterfly CMP 609.4 Target 580-560-530-500-475+ Can buy March 600 PE CMP 14.5 SL 8.5 Target - 18-20-22-24-30-35-40+ Less funds Traders can try 580 PE CMP 8 SL 4 Target 10-12-15- 18+