MUTHOOT FINANCE LT

NSE

MUTHOOTFIN

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SELL below 600 SL 602 Targets 598, 595, 590, 588, 587, 585 OR MUTHOOTFIN 26SEP 590 PE (₹11.60)

LOOKS PRICE PRICE ACTION FORMING AN UPTREND CHANNEL. COUNTING THIS MOVE AS 1-5 WAVE. STOP LOSS BELOW WAVE 2.

NSE:MUTHOOTFIN Short at 606.30 with SL at 609.50 and TP at 596.60 Note: Consult your registered adviser before taking any decision. Always risk 1% of account size per trade, adjust the position size accordingly.

MUTHOOT FIN (Muthoot Finance Ltd) SELL BELOW 583

b at 605 around sl 600 on closing basis of 15 min candle. tgt is 1:3 i.e 620-625-630. Its for educational purpose.

1) Only for risky traders, the risk-reward ratio is not favorable 2) Conservative trader wait for a breakout of descending triangle 3) only trade setup I can see delv % increasing daily & gold rate are very hight in future gold finance giving companys benefited +Ve Sentiment 4) SL - low of candle Entry - High/Close of candle Exit resistance line

MUTHOOTFIN SUPPORT LINE 592.50.THIS LINE BELOW FALL POSSIBLES PRICE 572....543 TOUCH.BUT THIS NOT CROSS POSSIBLES PRICE 640...654. A BUY LEVEL POSSIBLE 600/595. AND DOUBLE BOTTOM 594-592 A BUY SIDE POSSIBLE.

Levels mentioned in the chart!

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MUTHOOT FINANCE IS TRADING WITH GOOD VOLUMES. IT SHOULD BE ABLE TO REACH AND CROSS 655 LVL IN THE COMING DAYS. MAINTAIN PROPER STOP LOSS.

MUTHOOTFIN (Muthoot Finance Ltd) BUY ABOVE 638

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One can initiate Short positions in Intraday in Muthoot around 629 or above. Muthoot Finance looks in overbought zone.

Stock is in uptrending channel, so I expect a volatile day for it. trade it in 2 mins time frame using any tsl based afl

One can look for short selling on brake of the Previous 1 hour low and look to book near the take profit

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stock after consolidation giving a fresh break on can look from cmp to 630 for target 659/679 as long as 621 is protected on down side