Muthoot Finance Ltd
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Muthootfin | Flag & Cup and Handle Pattern ๐ŸŽฏ

1โ€ฏ512
โญ• Positional Trading opportunity ! Daily Chart Alert !!!โญ•

--Buy Above =1187 or CMP
--Target = 1263 | 1381
--Stop-loss = 1087
--R:R =3.65
--Expected Profit = 27%
--Expected Holding = 1-3 Months only

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โญ•Technical Reasons to trade or Strategy applied :- โญ•

1) Stock Has formed Flag pattern, cup & handle pattern as well
2) Volume is good I have checked
3) Targets are totally based on the resistance & pattern height
4) there is a breakout of handle, one can wait for the clear BO as well
5) 200 ema support , cause stocks just have broken the 200ema

Guys check out the related ideas as well, it will work really well GUARANTEED !

๐Ÿ™FOLLOW for more !
๐Ÿ‘LIKE if think is useful !
โœCOMMENT Below your view !
ื”ืขืจื”
wait for the Trade activation signal as it is going down
ื”ืขืจื”
ืชืžื•ื ืช-ื‘ื–ืง
ืขืกืงื” ืคืขื™ืœื”
ื”ืขืจื”
counter candle with big volume jumped in .........wait for more clear sign or else hold with strict SL
ืขืกืงื” ืกื’ื•ืจื”: ื”ื™ืขื“ ื”ื•ืฉื’
1st Target is Achieved

bought @ 1187
booked @ 1263
pints earned =76
lot size = 750
PROFIT booked per lot = 57,000 ( 6.50 % ) in one week
ื”ืขืจื”
ืชืžื•ื ืช-ื‘ื–ืง
ื”ืขืจื”
safe can book now rest modify their SL to 1142

ื›ืชื‘ ื•ื™ืชื•ืจ

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