A complete analysis of muthot finance Only for educational purposes. not a sebi registered advisor.
Points to be noticed in the video : 1.Stop loss 2.Entry Point 3.Exit Point 4.Resistance level 5.Taking partials at each small support level 6.Shifting of stop losses Thank you !!!
Live Intraday Trading - Watch out a very good entry in a rounding bottom formation pattern . But , a slow market and market struggling at the high's make me come out of my poitions . Made my profit .
Watch my live video of intraday trading in muthoot finance on 31.07.2020
The daily of muthoot finance was looking very strong and for new high . Just waited for the confirmation and took entry after the formation of a strong bullish engullfing candle . Also , have a keen look when I add my positions .
Muthoot finance has moved from 370 levels to 650 and is now consolidating in a channel but accumulation seen in stock so we can expect some reversal if 640 is breached we may see MUTHOOTFIN hitting new highs.