Muthoot Finance - Crossing Resistances
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The chart shows that the stock has crossed the year-long resistances and continuously going forward.
At this level risk-reward ratio is fine for a long entry if thinking of a positional setup.
Buying range is from the current price to as near as 1180.
Sustaining below 1160 will show weakness in the idea.
Targets may be 1390/1510.
Only for learning and sharing purposes, not a bit of trading advice in any form.
All the best.
At this level risk-reward ratio is fine for a long entry if thinking of a positional setup.
Buying range is from the current price to as near as 1180.
Sustaining below 1160 will show weakness in the idea.
Targets may be 1390/1510.
Only for learning and sharing purposes, not a bit of trading advice in any form.
All the best.
Note
Moving steadily.Note
From 1220 to 1315 today. Keep tracking.All the best.
Note
Reached 1350. stay tuned.
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