Pattern, breakout & retest done. Wait for the volume to enter trade.
Swing traders can enter after the breakout level till that avoid. If you can hold for a long term then go ahead now.
Looks good . Trade Wisely And Smartly.
NSE:MUTHOOTFIN Can buy till 1100 with strict SL of 990 Target := Open for now. Disclaimer: The view is for study purpose only, I am not a SEBI register person please contact your financial advisor before investing.
➢ Stock Price has broken out on the daily chart where it closed at highest level since 09 Nov ➢ Short term trend of the stock is positive where it is trading above its 5- and 20-day EMA ➢ Oscillators like RSI and MFI showing strength in the stock. ➢ Considering the Derivative & Technical evidences discussed above, We recommend buying the Muthoot Fin Dec future...
Trade only if there's a closing of 15 mins above our entry Level and Market is bullish.
-61.8% fibo level correction on weekly chart. it should act as solid support. PLEASE SEE CHART FOR FURTHER DETAILS BUY IF SUSTAIN ABOVE : 1075 TARGET : 1300 STOP LOSS : 1020 **These are my personal observations. Please trade at your own risk.**
aggressive short / long ? or wait for the levels to break ? watch out for RSI levels .
#MANAPPURAM Manappuram Finance Ltd. CMP: 156.65 Target: 165 / 177 SL: 152 If u like my work, kindly LIKE SHARE & FOLLOW for latest stock recommendations. :)
HAVE A LOOK THE CHART PLEASE
1 THIS IS FOR ONIY EDUCATION 2 ENTRY WHEN TRENDLINE BREAK WITH VOLUME TARGET ; T1 1203 T2 1191.5 T3 1181.5 SL ; 1240.60
Go Long only above 1165 for achievable target 1325 with stop loss 1125 !!
BTST MUTHOOTFIN CMP 1289 SL 1259 Target 1330-1350 TK line cross over + MACD cross over so we expect the bullish momentum to continue up to 1300 and then it breaks cloud so can reach 1350