Muthhoot Finance has been in a corrective wave of major downward move after a few years of long term I think glory days are over for now and won’t be surprise to see sub 500 levels in coming weeks .
Can go long if it maintains to support 754 level in 15min timeframe. BUY MUTHOOTFIN @ 754 SL: 735 Target : 850. #SafeHeavenLoan #GoldLOAN
MUTHOOTFIN - SELL, as we break the Support for immediate target as shown
Muthoot fin Long- above 200 and 50 EMA, clear breakout and good volume, break out after a consolidation for some time SL - 839 , Target - 945
More of bearish as it touched high in raising wedge pattern at 851, however if by 28thApr 779 level or by 30th Apr 798 level we can expect bullish in following sessions
its filling gap created on 11 to 13 th mar bw 800 and 830. waiting for triangle break out at 830
****This prediction only for learning purpose only...So don't take a trade without your analysis...Here formed Cup and Handle pattern...and also formed head and shoulder pattern in 30 Minutes time frame. so it will take one or two days to achieve this target...
SPOT: MUTHOOTFIN WEAK BELOW 860, CAN TEST 846,830 in coming sessions 2-5 days
Volume is falling while price is rising. Do not chase the stock. Wait for a dip to buy
only for education purpose. view is short as per weekly chart.
This chart is more for displaying technical parameters for the trade setup
Inverted Head and Shoulders in hourly Chart in Muthoot Finance TGT - 740 SL - 685
IF PRICE BREAKS ABOVE RESISTANCE AND 5 MIN CANDLE CLOSES ABOVE