Muthoot Finance Ltd. is an interesting chart with following 1. ABCD pattern under formation in weekly chart 2. Price taking support at 20 week SMA i.e. Rs. 1270 3. Price crossed above 20 Day SMA (1259) and is trading neat upper Bollinger bands. 4. RSI on daily /weekly / Monthly time frame is bullish strong 5. As per fib Projections next resistance can be 1368-...
please refer to chart daily time frame value and volume breakout seen small swing possible
Muthoot finance made double bottom with divergence shown u can also see this as W Breakout in higher Timeframes Tragets are your patience
Reason for long a) Mr.14 set up b) weekly breakout c) pull back set p d) Good risk reward zone SL compulsory
NSE: MUTHOOTFIN is closing with a bullish consolidation candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 13% gain on...
Muthoot finance is ready for big move abv 1310 After yearly consolidation Stock has urge to go for 1400+
A possible breakout of On Neck pattern is confirmed . One can but the scrip NSE:MUTHOOTFIN at CMP or Below with an stop loss of Rs. 175 and for the possible targets of Rs. 1386/1442/1498 The Risk Reqard Ration is 1:3. Exit the position if the stop loss is triggered on WCB. DO YOU WANT ALL MY RESEARCH FOR FREE THEN DON'T FORGET TO FOLLOW ME and hit the...
Short MuthootFin Below 1346, SL of 6 - 8 points for Target of 1330. Reason for trade RSI Divergence, Weekly TF candle is shooting star. Avoid trade if opens big gap up Please note, I am not SEBI registered advisor, this is just my view and is for educational purpose. Please consult your financial advisor before taking trade. If you think this idea is use...
The chart shows that the stock has crossed the year-long resistances and continuously going forward. At this level risk-reward ratio is fine for a long entry if thinking of a positional setup. Buying range is from the current price to as near as 1180. Sustaining below 1160 will show weakness in the idea. Targets may be 1390/1510. Only for learning and sharing...
BUY - MUTHOOT FINANCE LTD CMP - Rs. 981 Target - 1: Rs. 1230 Target - 2: Rs. 1410 . . Comment: Maximum Returns - 45% . . Technicals: 1) Bullish Harmonic Pattern 2) Targets set using Fibonacci Retracement . . Follow me for more!
A bullish Harmonic Pattern on Muthoot Finance for Long term Positional Buy for a Target of 2100
Channel is formed with steady up move. EMA cross over done. Immediate resistance at 1300. Target 1 1400. Long term target of 1700
Good Monthly Demand Zone from 884 SL 717 Target 1 -1065 Target 2 - 1252 Horizon 6-8 months
Buy Muthoot Finance above 1240, Target 1277. Reason for trade, good buying volumes, Stock is in good uptrend, have halted and is ready to move again. Please note, I am not SEBI registered advisor, this is just my view and is for educational purpose. Please consult your financial advisor before taking trade. If you think this idea is use full please like and...
Ideal trade: Buy : 1221.85 SL: 1100 Target: Trail
MUTHOOTFIN Looking good for long entry on Daily Time Frame. *Close to 52 Week High *ADX 43.64 Strong Trend *MACD 34.83 Neutral *RSI 75.27 Neutral *SuperTrend 1140.22 Bullish *ATR 26.18 Low Volatility *VWAP 1255.66 Below Vwap *20 EMA 1157.42 Above 20ema About Company:- Muthoot Finance Limited operates as a gold financing company in India. The...
MUTHOOT FINANCE monthly double bottom breakout and weekly downward channel breakout with weekly bullish confirmation. Target 1392. Stop loss 1160
if daily close above previous high than as double bottom possible than target is higher