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MUTHOOT FINANCE LTD
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Rising wedge in muthoot

Oleh harmonic_resonance
Diupdate
the stock gave a breakdown today and however there is one risk, rising wedge should generally retrace from 50% fibonnaci levels but this stock has retraced from 61.8% levels. Hence it might be a risky bet. Still if stock falls it can give a good downmove.
Catatan
Muthoot reported a 2.5 percent increase in consolidated net profit. Idea invalid.
Catatan
i took the trade , fell decent points
Catatan
1130s low 😊😊
Chart PatternsTrend Analysis
harmonic_resonance

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