MUTHOOTFIN trade ideas
Muthoot Finance weekly chart pole flag patternNSE:MUTHOOTFIN
Can buy till 1100 with strict SL of 990
Target := Open for now.
Disclaimer: The view is for study purpose only, I am not a SEBI register person please contact your financial advisor before investing.
Potential buy setupGOOD BRAKEOUT IS POSSIBLE ACCORDING TO ITS FUNDAMENTALS ALSO AND ITS CREATE PENNANT PATTERN WHICH IS POSSIBLE OF TREND CONTINUATION.
Muthoot Finance - Mujhe bhi koi lift kara doMuthoot Finance - After breaking out earlier on AVWAP and falling back, this time it is consolidating near the AVWAP line. Needed one Big BreakOut. Let us see.
DISC: Not a SEBI Registered. I post charts for my own study.
Muthootfin - Pennant BOMuthootfin has pennant breakout on 2hr TF but its struggling on 50% fib. Need to break resistance for further upmove. Targets on chart...
R-0232 BUY MUTHOOT FIN DEC FUT @1225 TGT 1280-1320 SL 1140 ➢ 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 between 1209-1225 and average at 1165, for the upside targets of 1282 and 1330,
keeping a stop-loss at 1140
Price action strategySee all my publications if it seems to give you both knowledge and profit then only like subscribe and share to your near and dear.
My sincere thanks to my Masters trading panthulu, day trader Telugu and Nayan pokharkar.
Long on Muthoot FinanceLong positions can be taken in Muthoot Finance
due to the following reasons
1) A strong bullish divergence has formed
2) Stock has just formed MACD Stochastic Double Cross
3) Stock is trading above EMA 200
Looking bullish for positional and Intraday.Looking for upside breakout tomorrow. But be cautious due to market volatality.
MUTHOOTFIN - INTRADAY BUY AND SELL LEVELSMUTHOOTFIN
SAFE BUY 1274.50
RISKY BUY ABOVE 1260
SL BELOW 1250
TARGETS 1265/1274.50/ ABOVE 1275 EXPECTING 1280/1292
SELL BELOW 1238
STOP LOSS ABOVE 1250
TARGETS 1234/1230/1225
MUTHOOTFIN , DAILY : Wathout for breakoutMUTHOOTHFIN 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 Long Trade ( intra -Day )Trade only if there's a closing of 15 mins above our entry Level and Market is bullish.
Stock of day Buy muthoot finance 1120@1125 Tgt 1140@1150 Today mStock of day
Buy muthoot finance 1120@1125
Tgt 1140@1150
Today market gap down possible catch up stock demand zone area
Best of trading
MUTHOOT FINANCE bullish three drive pattern-61.8% fibo level correction on weekly chart. it should act as solid support.
PLEASE SEE CHART FOR FURTHER DETAILS
BUY IF SUSTAIN ABOVE : 1075
TARGET : 1300
STOP LOSS : 1020
**These are my personal observations. Please trade at your own risk.**
MUTHOOT FINANCETHIS ONE CAN BE ON RADAR IF IT CLEARS 1175, IF NOT THEN IT GOING DOWN TO 1146 ELSE 1200 IN MAKING
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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MUTHOOTFIN M15BEARISH BAT for SCALPING
price need to follow Green Trend line & hit target
If price Breaks Red Trend line is where EXIT before SL hits
POTENTIAL SELL
