Muthoot Finance longMuthoot Finance Elliot Wave Analysis one hour chart . Muthoot fiance breakout wave 4 triangle structure .
MUTHOOTFIN trade ideas
Muthoot & GoldLet it be very simple
Dont complicate things
If bullish on Gold, Buy Gold Loan companies
MUTHOOTFIN--Support @1135??this stock is falling from several days...
it is likely give pullback to 1400-1440 levels to before fall to 1135 levels, which is a strong demand area.
If price breaks the 1440-1400 levels, by observing consolidation will expect a rise above head to test the resistance at 1600 levels.
keep in long side from these support levels.
Parallel Channel pattern breakout MUTHOOTMUTHOOT FINANCE LTD
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of Parallel Channel Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1496+.
✅Can Go Long in this stock by placing a stop loss below 1400-.
MUTHOOTFIN another 19% upside expected?I am expecting another 19% upmove before a reversal in muthootfin. Lets see if it happens
NOTE : I am not a professional investor; I have only two years of experience in stocks and investing. Please refrain from making any trades based on my chart analysis, as this is solely for community learning purposes.
Muthoot : Riding high Target 2500Highest EPS Sept Quarter of 26.4 from Rs 24.2
Riding high the Credit Boom for NBFC's.
technicals:
1. 45% Trendline
2. 50/100/200 DMA support at current levels ( divine intervention)
3. Momentum INdicators Oversold.
MUTHOOT FIN SWING TRADE IDEAMUTHOOT FIN gave resistance zone breakout with strong bullish candle and gud volume bar after accumulation at the neck line of single strike. can play for swing by keeping 1:2:3 R/R in mind.
#MUTHOOTFIN... Looking good 25/07/23#MUTHOOTFIN...
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a good movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
Muthooth Finance Looks good as the volumes are being seen in the last few days and also the latest weekly candle closing over 1295 on a daily basis.
Target - 1522( where it faces two important resistances - Both Fann and Gann levels)
Will revisit once we achieve this Target for the next coarse of action.
SL - 1230
MUTHOOTFIN SHORTING Head & shoulder pattern
Macd divergence
the simple reason to short this stock
u can change time frame and trade accordingly
happy trade...
muthootfin correction may happen..muthootfin correction may happen..
Lets see what happen
happy trade see yaa...
muthoot finance 1w buy cmp target 1249, 1260, 1293 risk rewardmuthoot finance 1w buy cmp target 1249, 1260, 1293
risk reward 1.49
sl 1061
MUTHOOTFINThis script is mostly accumulating itself around support 2 zone as shown in the chart drawing.
If it comes true, then it can have a decent target.
Worth to watch it for study.
MuthootfinMuthootfin
currently at support and 1h is in clear buy
little more upward move will give this script a good push
Low risk , High reward
breakdown and breakeven bull is active mode but when breakup with volume and retest for same trade line most time is consolidation
finace stock which can generate 50% return in mid-termAfter correction of 50%, the stock has formed channel pattern on weekly TF and broke it out successfully.
while momentum indicator RSI has shown divergence and currently is above 60 which is also an bullish indication.
fresh long positions can be initiated here around 1120-1130 with the stoploss below 1080.
our expected targets are 1380-1710 in short to mid term.
holding period should be 2 weeks to 12 weeks.
MUTHOOTFINConfluence:
=About to break market structure
=Imbalance market space
Short @ 1013.50
Stop loss @ 0.50%
Target @ 1%
Disclaimer
ONLY FOR EDUCATIONAL PURPOSE.
Muthoot fin for intraday Hello traders i hope you are doing well. Today i will share u muthoot fin analysis for tomorrow morning.
this stock having strong sell trend good resistance taken so go to sell tgt will be 7-10% within 2-3 month
MUTHOOTFIN : near weekly supportMUTHOOTFIN trading near weekly support. tomorrow close may decide what to do with this
Like, Share, Comment for regular updates.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
I may be 100% wrong as its my personal trade.
First Learn and then remove "L"
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
MUTHOOTFINIn the Daily chart of MUTHOOTFIN ,
we can see that, it is getting ready for bullish momentum by breaking W pattern.
Enter at 1045 with 1000 as SL.
Book profits at 1200-1215 levels.
