MUTHOOTFIN , DAILY : Wathout for breakout
MUTHOOTHFIN giving ascending Chart Pattern on Daily Chart.. Also getting SUPPORT from 20,SMA. Watch out for breakout
MUTHOOTFIN, 1hr Chart also making SYMMETRICAL TRIANGLE pattern.
Keep in mind US ELECTION>>
MUTHOOTFIN, 1hr Chart also making SYMMETRICAL TRIANGLE pattern.
Keep in mind US ELECTION>>
Note
PRICE still moving inside the TRIANGLE , WATCH FOR A BREAKOUT.Note
gives long red candle after breakdown which is good for intraday trade. but as stock is bullish we only watch for BREAKOUT not breakdown.Trade closed manually
We are looking for a breakout but It did not give breakout above and moving out of triangle below (breakdown).So this pattern is no more valid now.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.