RiderTrader

Muthoot Finance - A breakout? good volume too

Long
RiderTrader Updated   
NSE:MUTHOOTFIN   MUTHOOT FINANCE LTD
Muthoot breaking out of falling wedge.
Break out around 1186 levels.
So it will be a buy aroung that level for 200 Rs target say 1350 to 1375

height is 368
I have subtracted from base to breakout.
so that gives around 200 Rs
Tomorrow (Monday) if available around 1186 to 1200 will be interesting.
Stop loss at bottom triangle close and open levels.
Comment:
Marching towards 1340 1350 levels
Comment:
Closed position at 1350

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