This script is mostly accumulating itself around support 2 zone as shown in the chart drawing. If it comes true, then it can have a decent target. Worth to watch it for study.
Muthootfin currently at support and 1h is in clear buy little more upward move will give this script a good push Low risk , High reward
bull is active mode but when breakup with volume and retest for same trade line most time is consolidation
Muthotoot Finance Looking Good for Small Sl for good RR upcoming days blasting mood
Reason for long a) Flag and pole set up b) trendine breakout c) good engulfing candle nifty index support SL compulsory
After correction of 50%, the stock has formed channel pattern on weekly TF and broke it out successfully. while momentum indicator RSI has shown divergence and currently is above 60 which is also an bullish indication. fresh long positions can be initiated here around 1120-1130 with the stoploss below 1080. our expected targets are 1380-1710 in short to mid...
Confluence: =About to break market structure =Imbalance market space Short @ 1013.50 Stop loss @ 0.50% Target @ 1% Disclaimer ONLY FOR EDUCATIONAL PURPOSE.
Hello traders i hope you are doing well. Today i will share u muthoot fin analysis for tomorrow morning.
good resistance taken so go to sell tgt will be 7-10% within 2-3 month
#Muthootfinance Updated Harmonic chart CMP:598 @27 March 2023
MUTHOOTFIN trading near weekly support. tomorrow close may decide what to do with this Like, Share, Comment for regular updates. Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investing I may be 100% wrong as its my personal trade. First Learn and then remove "L"
Hello to everyone Price trading near strong demand zone. If price respects the support level of... 950--945, than we can expect a good move in price towards the upside and if price breaks the support level than price will go down to fulfill their the downward targets. #MUTHOOTFIN 👉Add to your watchlist. 👉Important demand level 👉Make or Break...
Muthoot Fin buy with SL 960 Closing. Stock is at Daily Support
Reason for long a) wedge formation with breakout upside - risky reversal trade. b) Daily time frame formed pin bar and also a double bottom. c) Good risk reward zone. d) 50 EMA and lower BB support. SL compulsory
In the Daily chart of MUTHOOTFIN , we can see that, it is getting ready for bullish momentum by breaking W pattern. Enter at 1045 with 1000 as SL. Book profits at 1200-1215 levels.
MUTHOOTFIN Sell for intraday trading if stock break the given support level.....
Reason for long a) Consolidation breakout possibility b) volume is little higer compared last 15 days c) SL compulsory Duration : 5% next 3 months
Muthoot has completed 5 wave movement and getting into a correction.