MUTHOOT FINANCE--> Strong uptrend expectedThe above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
MUTHOOTFIN trade ideas
Bullish Flag Pattern Breakout on weekly chart of Muthoot FinanceStock is trading in bullish momentum with RSI indicators all above 60 on Daily, Weekly and Monthly timeframe.
Consolidation happens in last 3-4 weeks around 23.6% Fibonacci retracement from the last swing low.
Then gives good breakout from the consolidation range in this week with good volume on the weekly chart.
17/02/2021 Research Report For MUTHOOTFINBuy @ C.M.P (CURRENT MARKET PRICE)
Sell Target 1 :- 1290
Sell Target 2 :- 1320
Keep an eyes on Muthootfin 9th julyvery good formation in Muthootfin with double top if break the neckline with any pullback we should take short side.
Intraday levels - short below 1528 with strict stoploss, target- 1511.
if want to long wait for breakout of on upper levels.
this is for educational purpose before taking you should do study.
MUTHOOTFINANCE looks good !A pole & flag kind of pattern formed in d chart and BO done.
Trading near the ATH zone 1575.if it surpass and sustains above the lvl , a fresh buying move possible.
Good to grab on dips.
TGt 1598/1618/1636
Sl 1535 clbs
Positional TGT 1698
Positional SL 1504 clbs
Option Strategy : July 1580 CE @ 42-45 TGT 60/66 sl 34
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
Go long in Muthoot finance Short term trade BUY Muthoot at CMP
Sl is Today LOW 1523
Try to catch full movement
MuthootFin - Intraday -Swing | 8th July Muthoot finance flag breakout retest and continuation on Daily timeframe. Long entry above 1577 for swing cum Intraday view.
MUTHOOT FINANCE.... HIGH FLYING FLAGFLAG ON A POLE. The flag has a triangle pattern forming in it. Watch for breakout.
MUTHOOTFIN | We got a flag to host - Breakout and retest done MUTHOOTFIN | We got a flag to host 🏁
Excellent breakout with retest - Looks good for 30% (Fib)
CMP : 1535
SL : 1440
Target : Open or 1:3 minimum
📊 #muthootfin Flag & PollNSE:MUTHOOTFIN
Flag & Poll breakout, target can b big stop loss as per your risk appetite.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
My View ON MUTHOOTFINMuthootfin looking good for upside movement as it gave channel / flag breakout.
Muthoot Finance Cmp 1559 dated 5.7.2021Muthoot Finance Cmp 1559 dated 5.7.2021
1. Flag Pattern on chart.
2. Rectangle Consolidation BO.
Buy for a tgt of 1650-1780 SL 1520
It is just a view, pls trade at your own risk.
MUTHOOTFINMarubozu!!!
Above average volume spike.
Closed above consolidation.
Going long with 50% of the intended capital.
#Muthootfin cash : Looks good above 1565.10#Muthootfin cash- Positional call
05.07.2021
Buy above 1565.10
& dip 1520-1540
stoploss 1450
Target 1740/2000
Cmp 1558.6
Muthoot Finance - Extreme breakout
Muthoot finance is in flag pattern with consolidation zone, so give an entry with appropriate Stop loss after the breakout from the zone
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Muthootfin- learning purpose onlyThe circular marked candle stick is acting as a dominant candlestick with it's opening acting as support level and closing acting as resistance. This happens usually when there's clash between bulls and bears to prove there dominance over the trend we also call it as side ways market. This is what you need to understand before taking any position in the market. Hope this helps you to grow.
If you feel anything wrong about my analysis system do not hesitate to comment. I would really appreciate and welcome your thoughts.
buy muthootfinit has formed pole & flag pattern. we may see 1950 in coming months. view negated below 1440
Muthoot Finance pole n flagBreakout on charts
Buy in dips
Do not rush for buying it will give you opportunity for buying.
Buy in range 1530-1540 for good risk reward
