The Stock has broken the Double bottom neckline and traded above it so we can conclude that it has changed its bearish behaviour. Price us retesting the previous bottom and bounced from there. RSI is healthy. We can frame a long trade with the following details
Entry 398
SL 379
Target 424/440
PF setup may guide the price movement and target.
Disclaimer : All...
MUTHOOTFIN looks looks weak for short term and struggling for a proper bounceback.
Sell Below: 375 for targets -
T1: 356
T2: 349
T3: 341
SL: 393.8
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss...
Muthoot finance broke out of its downward channel with a solid bull candle. You may go long above 430 with a stop loss at 415
Buy: 430
T1: 480
T2: 520
SL: 415
The previous demand zone has been broken by the closing trade. But we responsive buying (according to Market Profile) from the buyers below leaving single prints and ending the day with an upthrust bar. There is a possibility gap up open .
This gap up open shall absorb the immediate supply zone. If failed we may see down fall, else stock will spend some time on...
Positional View.
Other Details Mentioned In Chart.
Please Consult Your Financial Advisor Before Taking Any Decission.
I am not SEBI Registered Financial Advisor.
Based on my PredictiveSystem's signals, tomorrow (09-Apr) its going to be a RED candle for NSE:MUTHOOTFIN
Sell below: 426.4
Target-1: 423.3
Target-2: 421.3
Stop loss: 429.9
Note: These calls are based on my own analysis. It may or may not work well for you. So please carefully consider whether it is suitable for you and please do your own research before...
