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MUTHOOTFIN

Muthoot Finance: Bearish View-Updated ChartPrice action triggered the initial stop-loss at ₹3800, indicating short-term strength. However, the subsequent rally failed to surpass the prior Wave 5 high, thereby keeping the broader bearish structure intact. The inability to register a higher high suggests that the recent up move is likely a counter-trend rally within a developing corrective or impulsive decline. The sharp upside retracement further reinforces the characteristic nature of bear market rallies, which tend to be swift and aggressive but structurally corrective. Additionally, today’s OH candle formation near resistance strengthens the argument of supply emerging at elevated levels, keeping downside risk active. At this stage, the bearish view remains valid and would require reassessment only under either of the following conditions: 1. Clear completion of a larger corrective structure indicating trend reversal, or 2. A decisive close above ₹4150, which would invalidate the current wave interpretation. Until then, the broader technical structure continues to favour downside continuation.
NSE:MUTHOOTFINShort
by kalpbardia
Muthoot Finance Ltd. – Technical View: Bearish BiasThe stock has completed a five-wave advance, following which price witnessed a sharp corrective decline, indicating exhaustion at higher levels. The subsequent rebound retraced up to the 50% Fibonacci retracement, where price faced selling pressure near the Open–High zone, forming a strong supply area and reinforcing resistance around current levels. From an Elliott Wave perspective, the initial decline can be interpreted either as Wave A or Wave 1. The retracement that followed fits the structure of Wave B or Wave 2, and price action now suggests the beginning of a fresh impulsive leg lower, identified as Wave 3 or Wave C. Confirmation will evolve with price development, but the structure currently favours downside continuation. Based on price equality projections, the downside objective for the ongoing leg is placed near ₹3120. In case of truncated Wave C, target comes at ₹3350 The bearish view remains valid as long as price stays below ₹3800 on a closing basis, which acts as the negation level for this setup.
NSE:MUTHOOTFINShort
by kalpbardia
Breaking: Micron Technology, Inc. (MU) Spike 17% Yesterday The price of Micron Technology, Inc. (NASDAQ: NASDAQ:MU ) Spike 17% yesterday , further extending gains to extended market sessions on Friday albeit notable stocks like GPW:NIKE , NASDAQ:TSLA and NASDAQ:VMAR all nosedived. In another news, Micron Technology (NASDAQ: MU) rallied some 15% today after reporting top- and bottom-line growth for its fiscal Q1 that Morgan Stanley dubbed the “best in the history of the US semis industry” outside of Nvidia. For the current quarter, the memory-chip maker forecast adjusted earnings of $8.42 per share on $18.7 billion in revenue, well above Wall Street expectations of $4.78 per share and $14.2 billion in sales. Following the post-earnings surge, Micron stock is trading a remarkable 300% higher than its year-to-date low. Technically, NASDAQ:MU stock might experience some respite before peaking liquidity up. The 38.2% Fib retracement level is the possible level for NASDAQ:MU to consolidate before reaching higher levels. About MU Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products in the United States, Taiwan, Singapore, Japan, Malaysia, China, India, and internationally. It operates through the Cloud Memory Business Unit (CMBU); Core Data Center Business Unit (CDCBU); Mobile and Client Business Unit (MCBU); and Automotive and Embedded Business Unit (AEBU) segments.
NASDAQ:MU
by DEXWireNews
Muthoot Finance Long Trade on 15m Time Frame: Trade in ProgressA long entry was initiated at 1927.05 on the 9th of October at 10:15 am. The price is nearing Target 1 (1963.50) and remains on track for further movement towards the upper targets. We have now set a trailing stop at 1928.50 to lock in gains and manage risk. Target Points: TP 1: 1963.50 (close to being hit) TP 2: 2022.50 TP 3: 2081.50 TP 4: 2117.95 Trailing Stop: 1928.50 Stop Loss (SL): 1897.55 We'll keep a close eye on this position as it progresses towards the remaining targets.
NSE:MUTHOOTFINLong
by Risological_Algo
MUTHOOT FINANCE AT CRUCIAL SUPPORT LEVEL !!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 Level 👉Support 950-45 👉Above 950 full reversal possible for 1000/1040+ 👉Fresh breakdown below 945
NSE:MUTHOOTFINLong
by Jha_Nidhi
MUTHOOT FINANCE, BULLISHafter the nifty 50's bull run, markets are recovering, the stocks which went high by using this movement, now will not come down below that point(talking about last weeks of jun) unless until there is some sort of crash, with some reason, then it will surely go down(no doubts), but the thing to analysis is, why will there be crash at such a recovering point of level. markets have corrected enough, and nifty gave its bull run only when it got corrected fully, so there is no reason of crash. further going on, Muthoot finance is at its least point, and cannot fall further down. invest for long term, and even best for swing trades.
NSE:MUTHOOTFINLong
by raghavchoudhary2016