MUTHOOTFIN | We got a flag to host - Breakout and retest done Long

MUTHOOT FINANCE LTDNSE

Description

⋅ Jul 6, 2021 11:46 AM

MUTHOOTFIN | We got a flag to host 🏁

Excellent breakout with retest - Looks good for 30% (Fib)

CMP : 1535
SL : 1440
Target : Open or 1:3 minimum

Comments

MakeMyMarket

⋅ Jul 10, 2021 5:06 AM

We have negative divergence RSI. I think we should wait and see if it becomes a failing divergence before we go long.

srikartiram

⋅ Jul 10, 2021 5:30 AM

@MakeMyMarket, Its not divergence, however the stop is below 1400 i hope it protects us. I just built my conviction on the long side. As MANAPPURAM and MUTHOOT consolidated for a long time.