One can go long in this particular stock for positional, as it has taken good support on weekly time frame & can give potential target upto 20% from current level...
harmonic pattern indicating a 1:2.5 trade. The target could be achieved before the first week of January.
Muthoot Finance looking good on daily chart by breaking strong horizontal resistance after long consolidation and give a good close on above that resistance, And a gap down area standing there on daily chart so it could be fill by this breakout so that's why I am taking that gap down as a target.
Muthoot Finance Cmp 1080 dated 16-11-2022 1. Trendline breakdown below 1075 2. Rising Wedge Breakdown Sell below 1075 for target 1050-1030-1010-985 SL 1125 Disclaimer : I am not a Sebi registered Analyst so please do your own Analysis before taking any action. The above view is shared just for educational...
Muthoot finance after a major consolidation is ready to fireup 1155/1200. Keeping SL 1091
muthoot finance is forming bw trend reversal pattern . expect 1220 if sustain above 1080. good risk to reward ratio
MUTHOOT FINANCE Time frame- DAILY *Entry - 1076 *Stop loss - 1034 (or 5%) *Target - 1190 (or 10%) if market remains good then it can show price upto 1250 *Short term - medium term *Reason- RSI above 60, range breakout, trend reversal. Disclaimer:- I am not SEBI registered analyst. Only for information and education purpose. Please consult your adviser before...
The stock looks good above 1083 for intraday and 1093 (closing basis) for positional trade. Swing target 1163. Learn & Earn, Dr. Tanya Kumar
Stock has been consolidating well for past few days, any candle above yesterdays closing level will attract buyers and push the price up. Ascending triangle pattern formed.
After a consolidation, volume is reflecting on the price movement. Can be a good if crosses 1080 calmly.
Muthoot finance - positional picks after a long consolidation it breaks a trendline will expect strong upside move
NSE:MUTHOOTFIN #NSE:MUTHOOTFIN Consolidation from last 3 months, Breakout sustainability may give good momentum !!
Muthoot finance heading towards 200ema 200ema or 1150 can be the target volume is also good u can study the stock and Q2 result
buy=1089 target 1=1100 target 2=1163 stoploss=1028 rist to reward=more than 1:2
As going through the chart muthoot fin look bullish for short term. but still in correction in larger TF.
Finance stocks will do well Here the chart is good
Muthoot Finance Expected Moves ahead TGT mentioned in chart one can keep SL around 950
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