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
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... 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
#HAL... 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
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...
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.
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...
Charts is creating multiple formation on Daily & 4hr tf but most probably price will sustain and we can see a upside of 7-10% in upcoming week. would not recommend to enter at current level wait for price to retrace little bit for good risk:reward
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 ++
i see good potential in muthoot after long time . range it was trading 1343-1060 since long time but this time it is spending more time near higher range . its for delivery . if sl hits at 1240 than buy above 1342
Swing traders can enter after the breakout level till that avoid. If you can hold for a long term then go ahead now.
➢ Stock Price has broken out on the daily chart where it closed at highest level since 09 Nov ➢ Short term trend of the stock is positive where it is trading above its 5- and 20-day EMA ➢ Oscillators like RSI and MFI showing strength in the stock. ➢ Considering the Derivative & Technical evidences discussed above, We recommend buying the Muthoot Fin Dec future...
Trade only if there's a closing of 15 mins above our entry Level and Market is bullish.