MUTHOOTFIN trade ideas
Swing trade muthoot fin looking goog for swing trade (1 week)muthoot fin looking goog for swing trade (1week)
Only for information and education purpose
Breakout in Muthoot finance chart 😀Breakout in Muthoot finance's chart . It making Bullish flag on 1 month chart .
Target - 1520 for upcoming 5-7 days .
Breakout level 1478
Need to close higher than 1483 today .
Stop loss - 1460
Fundamentally strong company no doubt .
Also do your own analysis .😀
MUTHOOTFIN SHORTI hope you can now see how MUTHOOTFIN represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
MUTHOOTFIN - Double Bottom, Morning Star, 200EMA support The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Sell from 1420 TGT 1397 and 1390 SL 1432Suggestions are based on my analysis only. Please do your analysis before taking any trade.
MUTHOOTFIN SHORTDo initiate trade based on 5min candle close!
Levels mentioned on chart.
Trade at your own risk!
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Muthootfin Positional buy Muthoot finance is for positional buy around 1400-1440 and target will be all time high and beyond .
MUTHOOTHFINDO YOUR OWN RESEARCH
It is likely to break the support level, and if it does so, 1st target will be 1410-1390 levels
Muthootfin : Sweet reversalLooks like the bottom has been made and is not preparing for the reversal
Note: This is for educational purpose only
#MUTHOOTFIN looks good for more upside.Support taken @200EMA which can be helpful for a strong Pullback.
#ATH is 1700++ and we have seen that MUTHOOTFIN is Fundamentally #STRONG thus it is Long #portfolio stock.
#keep_accumulating
#HODL
Happy Learning :))
Breakout after long consolidation !Stock after consolidating for almost 5 months between 1450 - 1600 levels, has given breakout today.
Longs can be considered at CMP or any retrace till 1620 levels, with SL 1500 on weekly CB for the target of 1920 - 1950 levels, with more than 1:2 RR.
Kindly do your analysis before initiating trade.
MUTHOOTFIN | Channel breakout and retesting - Looks good for 10%MUTHOOTFIN | Channel breakout and retesting - Looks good for 10%
CMP : 1639
SL : 1560
Target : 1800
1:2+ risk reward setup
MuthootFin Strong closing @ ATHMuthoot fin looks good for swing traders. SL level mentioned on chart.
MUTHOOT FINANCE : BREAKOUT PATTERNMuthoot finance given good breakout
TGT - 1800 & 1950
SL - 1600
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
Muthoot Finance Ltd " upto 10 % gains "Hi Traders / Investors ,
This is a Swing Trade.
There can be a bullish momentum in Muthoot Finance Ltd because of following reasons :-
1) Consolidation from (5 months) with Low Volumes got Breakout with High Volumes and Large Green Candle.
2) Got another opportunity to enter because of Retest .
3) Prior resistance level got break and now acting as a support .
4) RSI indicator is above 60 which indicates strong upside momentum.
5) Retest retraced till 0.236 level which is a healthy retracement .
Giving a Risk to Reward of 1:2 , Entry : 1686
Stoploss : 1598
Target : 1855
Please don't make any decisions solely based on this analysis .
Give a thumbs up if you liked this analysis as it requires deep research.
Breakout given after 6 months consolidation ....1st Target 1800Breakout given after 6 months consolidation ....1st Target 1800 2nd Target 1850
MUTHOOTFIN1D Time frame
as per price action parallel channel breakout
Upper Bollinger band broke on a closing basis
RSI > 60
ADX Raising
MuthootFin to fly 10 percent soon price Break and retest from last 8 week consolidation , for trade quick 10 percent and for investors may be 30 percent from here is expected with sl of 1580 (closing)
