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Muthootfin | Flag & Cup and Handle Pattern 🎯

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⭕ Positional Trading opportunity ! Daily Chart Alert !!!⭕

--Buy Above =1187 or CMP
--Target = 1263 | 1381
--Stop-loss = 1087
--R:R =3.65
--Expected Profit = 27%
--Expected Holding = 1-3 Months only

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⭕Technical Reasons to trade or Strategy applied :- ⭕

1) Stock Has formed Flag pattern, cup & handle pattern as well
2) Volume is good I have checked
3) Targets are totally based on the resistance & pattern height
4) there is a breakout of handle, one can wait for the clear BO as well
5) 200 ema support , cause stocks just have broken the 200ema

Guys check out the related ideas as well, it will work really well GUARANTEED !

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wait for the Trade activation signal as it is going down

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