MUTHOOTFIN Looking Bullish Above 1520MUTHOOTFIN Looking Bullish Above 1520 Target will be 1550-1580-1610 With SL Of 1480
MUTHOOTFIN trade ideas
Muthoot Finance Short Term BreakoutThe 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-upMuthoot finance, long set-up enter above 1486 INR, the price movement retracing with golden ratio from the previous swing.
MUTHOOFINCEbuy on dip best chek chart 1486 - above goood always buy buy buy thes above intrday chek 1522 above buy buy
POSITIONAL INVESTMENT VIEW ON #MUTHOOTFIN CMP 1567POSITIONAL 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 #MUTHOOTFINPOSITIONAL INVESTMENT VIEW IN #MUTHOOTFIN
MUTHOOTFIN LOOKING VERY STRONG CMP 1170 KEEP ADDING TILL 1140
STOP LOSS - 1120 CLBS
TARGET - 1200 1220 1240 1260 +++
flag breakoutflag breakout and pullback. but still volumes are not coming. with 5% sl if one wants to put money for long.
Fresh breakout in Muthoot Finance LtdFlag pole classic breakout pattern in making, Watch-out above 1565, rally will be fierce
Breakout from Bullish pennant pattern in Muthoot financeBreakout from Bullish pennant pattern in Muthoot finance
Muthootfin - Elliott wave analysis - triangle will break nowIt 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.
MUTHOOTFIN - Ready for another leg of rally? - Swing TradeThe 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 study before entering into any trade. Traders must trade as per their own risk taking capacity and money management.
Feel Free to comment or message me for any query or suggestion regarding this stock or Price Action Analysis.
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups.
Important breakdown and what to expect next week?Dear traders,
There is a decending triangle pattern.
And if there is a breakdown then it will go up to NEXT SUPPORT ZONE.
And with Fibonacci retracement idea we got support by 0.78(1299.35)
Flag and pole pattern Bullish pattern formation in mutooth finance that is flag n pole ...we can initiate a buy on structure break .this is for educational purpose ..happy trading !!
Flag pattern on the Weekly chart of Muthoot FinanceDaily RSI is above 60 and Monthly RSI is taking support at 60. Volumes seem healthy on bullish days. Finance stocks in general are a little slow today, but the potential exists. An ideal entry might have been when the price first closed above the 50MA on the Weekly chart.
NSE:MUTHOOTFIN
GOOD CHANCE TO GO LONG IN MUTHOOD FINANCE LTD #TRADEIDEAGOOD CHANCE TO GO LONG IN MUTHOOD FINANCE LTD
