Muthoot Finance - Crossing Resistances

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The chart shows that the stock has crossed the year-long resistances and continuously going forward.
At this level risk-reward ratio is fine for a long entry if thinking of a positional setup.
Buying range is from the current price to as near as 1180.
Sustaining below 1160 will show weakness in the idea.
Targets may be 1390/1510.
Only for learning and sharing purposes, not a bit of trading advice in any form.
All the best.
Nota
Moving steadily.
Nota
From 1220 to 1315 today. Keep tracking.
All the best.
Nota
Reached 1350. stay tuned.
CASHChart PatternsfuturesMUTHOOTFINpositionalTrend Analysis

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