Be Cautious Long Position Holders in Muthoot Finance
Be Cautious Long Position Holders in Muthoot Finance
If you have any Open Long Position in Muthoot Finance, keep eye on the price movement in the next week.
Major Monthly Support has been Breached. It has been tested multiple times in the past few months, so major probability is it may get broken now fully.
Moreover, it shows probability of Death Cross. 50 MA is going to cross over 200MA from above in may be two-three sessions. It is a Major Bearish Signal.
Next Major Support is at the marked zone in the Chart.
If it breaks that, significant downfall may be expected.
PS- I am not SEBI Registered. Views are for personal reference.
If you have any Open Long Position in Muthoot Finance, keep eye on the price movement in the next week.
Major Monthly Support has been Breached. It has been tested multiple times in the past few months, so major probability is it may get broken now fully.
Moreover, it shows probability of Death Cross. 50 MA is going to cross over 200MA from above in may be two-three sessions. It is a Major Bearish Signal.
Next Major Support is at the marked zone in the Chart.
If it breaks that, significant downfall may be expected.
PS- I am not SEBI Registered. Views are for personal reference.