Moderately Bullish If it sustains above 637 Stock is in consolidation phase a breakout in any direction will give lead to the next move. Stock Name: Muthoot Finance Sell below 626 SL 637 Target 620 614 Buy Above 637 SL 624 Target 655 Trend Moderately Bullish OI Analysis: Long Unwindingby faadoostocks3
Technical Analysis Class- How to Trade ChannelPoint no.1 - Suppor t– Look at the downward sloping blue line is acting as a support. 3 times the price reverse price from this area indicates strong support. Point no.2 - Resistanc e-Look at the downward sloping red line is acting as a resistance. Now the price is facing the resistance. Before that 2 times the price reverse from this area. point no.3 - Channel -Price Trading in a downward sloping channel. Point no.4 - Price starts reversing from the resistance area. Conclusion From the above chart, it is clearly seen that the price is trading in between the channel. Now look at the current candle is at one end of the channel that is in the resistance area. So there is a possibility price reverse from this resistance area. Disclaimer- This post is for educational purposes only, our view is, to teach technical analysis only. we are not recommended to use this analysis for the purpose of trading. once again this is an educational forum only. marketsolutions.inShortby sanjaynakhale1
Muthoot is fighting the bears with all its might Muthoot finance has moved from 370 levels to 650 and is now consolidating in a channel but accumulation seen in stock so we can expect some reversal if 640 is breached we may see MUTHOOTFIN hitting new highs.Long02:26by faadoostocks3
[Entropy] Muthoot Finance (Positional and Intraday) Sell IdeaAs per chartsShortby Amit_GhoshUpdated 4
MUTHOOTFIN - BullishMUTHOOTFIN - Bullish CMP : 535 If it closes above 536.50 Tg : 545, 559, 572 SL : 525Longby Arul_NUpdated 3
Muthoot finance - Daily time Frame Analysis Bearish Crab + SupMuthoot finance - Daily time Frame Analysis Bearish Crab + Supply Zone - Shorting level 518-508 , CMP 502 Targets - 483-469-455-440-430+ SL - 533 ( Candle Closing basis on daily chartShortby Bilal_Kazi6
MUTHOOT FINANCE - WATCHLIST STOCKMUTHOOTFIN cmp 505 Target open Long suggested ONLY above 525-530 zone. DO NOT ENTER BELOW THIS AS STOCK MIGHT GO THROUGH ANOTHER CONSOLIDATION PROCESS AS WELL AFTER TOUCHING 525-530. Stock currently is in the process of consolidation resulting in the formation of cup pattern. A breakout above 525 indicates a possible fresh upmove. Stop around 470-475 VWAP RSI is signalling strength in VWAP, meaning volume increase accompanied in upmoves. Pivot based oscillator above zero and sloping upwards providing comfort to the bullish view. Price has broken above the next quarter's pivot zone.Longby scorpiomanoj1
The Uber and facebook of India the best business model Your Gold, You keep with them they lend you loan if you fail to repay they will liquidate your gold. Gold price crashes they have already factored it and loan amount is never 70% of the value. A very safe bet and zero chances of making loss due to bad debts, that is how jewelers have survived for generations. A hidden gem with potential to become 5X Indicators: Bounceback from support Zone, Trendline Breakout, OBV breakout and MACD crossover attempt Levels CMP 391 SL 340 Target 500 Time Frame 3 months www.t.meLongby faadoostocks4