Muthoot Finance has given Breakout of previous range with high volume. We can see further upside in this stock. Keep a SL of 1600 on HCB.
Muthoot has made a big move today and is trading with good volumes too...targets marked. Do your own research, this is an idea
Most powerful pattern in TRADING . any side brekout can posible .for future update follow me
muthoot finance going to take support on uptrend trendline and horizontal support buy near 1400-1425 if it take over support here follow us for more such ideas indicators are laggings price is superior follow price action
MUTHOOTFIN Looking Bullish Above 1520 Target will be 1550-1580-1610 With SL Of 1480
The stock has broken out with good volumes and retested therefore it may undergo a reversal rally. Trade is supported by brokerage calls, 200 EMA and Supports Nearby. Risk Reward Ratio - 1.25:1 SL is placed below multiple support zones, 200 EMA & the previously upper trendline. The target is placed near all time high.
Muthoot finance, long set-up enter above 1486 INR, the price movement retracing with golden ratio from the previous swing.
buy on dip best chek chart 1486 - above goood always buy buy buy thes above intrday chek 1522 above buy buy
i have mentioned the details on the chart.
POSITIONAL INVESTMENT VIEW ON #MUTHOOTFIN CMP 1567 MUTHOOTFIN LOOKING GOOD CMP 1535 ADD MORE ON DEEP 1515 STOP LOSS 1495 ON CLBS TARGET - 1600 1650 1700 1750 1800 ++
POSITIONAL INVESTMENT VIEW IN #MUTHOOTFIN MUTHOOTFIN LOOKING VERY STRONG CMP 1170 KEEP ADDING TILL 1140 STOP LOSS - 1120 CLBS TARGET - 1200 1220 1240 1260 +++
flag breakout and pullback. but still volumes are not coming. with 5% sl if one wants to put money for long.
Flag pole classic breakout pattern in making, Watch-out above 1565, rally will be fierce
Breakout from Bullish pennant pattern in Muthoot finance
It is in impulse up and expecting 5th wave up now after 4th wave triangle break out. Buy above 1502 with stop below 1454 for target above 1560 as quick sharp move, if it breaks the level with high volume.
The above analysis is done purely on basis of Price Action & Chart Patterns. The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. For understanding how to trade a Bullish Pennant Structure, refer to the ideas linked below. The above analysis is purely for educational purpose. Traders must do their own...