Muthootfin breaking out of triangle on smaller times with decent volumes, good for intraday trading. Could be bought with mentioned stoploss & targets on intraday basis. We ll review to hold or not in closing session.
time to long the beast... have been in the correction mode which seems to be over... now the impulse-up movement is starting... let's ride this money horse targets are in the chart.
Muthootfin made bullish butterfly on an hourly charts with decent volumes. Could be bought with mentioned stoploss & targets.
Muthootfin made butterfly pattern on smaller time frames & confirmend it by breaking 1348. Could be bought with mentioned stoploss & targets.
NBFC Muthoot Finance has lowered its guidance for the current fiscal year to 10-12% from 15% with active loan base shrinking in the third quarter. In Q3 of FY22, the number of loan accounts shrunk by 3% quarter on quarter (QoQ) while the number of active customers declined by 2% QoQ. Some customers have more than one loan account. New customer acquisition during...
Look Like a good opportunity at the downside and minimum target of 1320 for both intraday and PE buyers as Monday closing below 1415
Buy @ 1525 It Seems now , Bull trend. May it bit high. Best of Luck , Shakthi
muthoot finance broke out of bullish triangle pattern. Could be bought with mentioned stoploss & targets
Muthootfin broke out of traingle pattern as well its congestion zone of 1500-1516 & comfortable trading above it with decent sorts of volumes. Could be bought with mentioned sloss & targets
Muthootfinance is here to trap you. Most of the muthootfin comes around 1200 most of the traders get trapped. Again today muthootfin tried its best to trap traders, I don't know if anyone got trapped. Be alert when muthootfin trades between 1200-1216 zone. Buy only above sustainance of 1216. Happy Trading.
Buy At CMP for a target of 1560. Trading in the same range for a while so will also go in the same direction. Respected support area resistance at 1560, with good Volumes too.
Looking bullish. Disclaimer: Don't just blindly Trade or Invest, learn and then trade. Manage your risks properly. This analysis is purely for EDUCATIONAL purpose
see the charts for more details. beautiful head and shoulders pattern formation
Muthoot Finance has been hammered recently, which caused to retest the earlier breakout zone ( Box). It also bounced off the key 200 DMA line. Trend is bearish right now and stock is getting into oversold zone. Long term investors can start accumulating at these levels. This stock will bounce off with the Gold levels getting bounced.
Getting into next breakout zone for short to mid term target 2100. Target for next 2 years would be around 3500 to 4000 as Gold will be bullish for next 2 years.
Charts is creating multiple formation on Daily & 4hr tf but most probably price will sustain and we can see a upside of 7-10% in upcoming week. would not recommend to enter at current level wait for price to retrace little bit for good risk:reward
A complete analysis of muthot finance Only for educational purposes. not a sebi registered advisor.
Box Break out after 4 months consolidation Very Good For Swing Sector seems good