Muthoot Finance Ltd. looking bullish Cup chart pattern Broke and retested the neckline Monthly, weekly and daily RSI above 60 Divergence can be observed on a smaller timeframe
THE TARGET LTP on NSE on 16/Feb/2024 was INR 1362/- (with a high of INR 1378/- and a low of INR 1345/-) Although it is a good buy at current levels. Resultantly after all this discussion, I believe that the target price should be: first INR 1650 and second INR 1880. Stop Loss should be INR 1180 Risk to Reward will be 1:3 The time horizon should be 12-15 months
MUTHOOTFIN has reached a crucial resistance level on the chart. The price has respected this highlighted zone, and we should watch closely for a valid reversal or breakout confirmation. Given that the previous run encountered significant selling pressure at this point, careful attention to price action on lower timeframes is necessary for confirmation. A breakout...
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.
Highest 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.
MUTHOOTFIN 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"
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...
Muthoot has completed 5 wave movement and getting into a correction.
Muthoot finance has given a breakout. The stock has formed a double bottom formation on the daily chart. Keep it on your radar!
Has been trading in a range of a 50 points 1000-1050 for more than a month and with stock closing above the 0.38 retracement level and touching 0.5 level. It can give a triangle BO above 0.5 level of 1083 which can go upto 1160-1200. However watch out for volume for confirmation.
NSE:MUTHOOTFIN One can wait for Retest or enter now , with SL below the Candle Low. Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK appetite Disclaimer : You are responsible for your Profits and loss, Shared for...
The stock had taken a meaningful correction as well as the Gold prices also on the verge of breakout. As per the chart stock is trying to break free from the clutches of 200 WEMA which will boost it towards the life time high and once the high breaks, it will be in open territory to go for the above mentioned targets.
Muthootfin about to break descending triangle pattern with decent volumes. Could be bought with mentioned stoploss & targets.
EASY EARNING OF 35%, FROM SWING TRADING. else everything on chart!
after the nifty 50's bull run, markets are recovering, the stocks which went high by using this movement, now will not come down below that point(talking about last weeks of jun) unless until there is some sort of crash, with some reason, then it will surely go down(no doubts), but the thing to analysis is, why will there be crash at such a recovering point of...
Long term Uptrend Channel ( 45 degrees) since 2013. Its taken a support at last month's low of Rs 975. momentum Indicators are all very oversold. 12 month target Rs 1750+
Hello and welcome to this analysis on MUTHOOT FINANCE cmp 1130 After peaking out in NOV 2021 it gave a Head & Shoulder breakdown in JAN 2022 which lead to a Bearish Alt ABCD 1.6x breakdown. Now after completing its Bearish Alt ABCD it has reversed with a Bullish Harmonic Alt Shark with a Long Legged Doji candle and a Positive RSI Divergence. It could bounce...
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...