Muthootfin-A great price action
A great price action in the place. All the price action lover must be looking at the important levels.
Few points to consider is this stock came for the first time to the support or say gap acting as support along side a break of trendline from top is another signal that it might go up & making a W pattern while going up can be another signal too.
But remember folks it can't go up straight in one line so it should hold at this level for some time and after that when it breaks it should go up real fast..
Keep an eye folks. Hope it helps.
Disclaimer:- I am not SEBI registered. Trade with your own risk and trade with caution.
Few points to consider is this stock came for the first time to the support or say gap acting as support along side a break of trendline from top is another signal that it might go up & making a W pattern while going up can be another signal too.
But remember folks it can't go up straight in one line so it should hold at this level for some time and after that when it breaks it should go up real fast..
Keep an eye folks. Hope it helps.
Disclaimer:- I am not SEBI registered. Trade with your own risk and trade with caution.
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