MUTHOOT MICROFIN LTDPanjang
MULTIBAGGER STOCK! Solid Fundamentals & Technical Supremacy
Hello fellow Investors and Traders,
Investing is an Art and Analyzing is artwork
Remarkable Fundamentals and I have fallen in LOVE with this stock and the chart after careful analysis and deliberations...
Entry , Exit and Target (T1,T2 and T3) Levels are marked on the charts
Target Levels are only indicative and I intend to HOLD on to this stock till the fundamentals stay intact and aligned to my analysis
Investments are subject to market risk. Please do your own study before you invest.
Enjoy and as always do not trade unless you have money to lose and patience to wait !!!
Investing is an Art and Analyzing is artwork
Remarkable Fundamentals and I have fallen in LOVE with this stock and the chart after careful analysis and deliberations...
- Two dominating long term channels - Downwards and Upwards
- Who will WIN ? Only time will tell
- Such beautiful adherence and synchronicity all along the way respecting these channels like a river respecting its banks
- Recent volatility in Global markets and international worries have negatively impacted its momentum
- While it seems it has broken down on the lower side of the up trending channel, it still has a strong support at 215-220 level and I for sure am anticipating some price action here
- Close above 235-240 range will initiate my BUY trade
- Approximate 6-8% Stop loss is plotted on the chart
Entry , Exit and Target (T1,T2 and T3) Levels are marked on the charts
Target Levels are only indicative and I intend to HOLD on to this stock till the fundamentals stay intact and aligned to my analysis
Investments are subject to market risk. Please do your own study before you invest.
Enjoy and as always do not trade unless you have money to lose and patience to wait !!!
Nota
Waiting for Entry Levels. Next 2 Weeks will be crucial and decisive. Will keep you updated !
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.