very 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.
if sustain above the resistance and successfully retest, then we should expect upside movement.
Target is mentioned, this is for educational purpose before taking you should do study.
it can be possible to continue the trend in this scenario.
avoid if huge gap down happen, take if retest properly.
do your own study before taking any decision my analysis are for educational purpose.
it can be possible to continue the trend after consolidation breakout in this scenario.
avoid if huge gap up happen, take if retest properly.
do your own study before taking any decision my analysis are for educational purpose.