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MUTHOOT FINANCE

#MUTHOOTFIN HAS FORMED A DESCENDING TRIANGLE PATTERN & IS MOVING IN A NARROW RANGE.

RSI IS AT 50-LEVEL AND NEUTRAL.

TT2 30MIN AND DAILY TRENDS ARE BEARISH .

IF THE PRICE BREAK THE SWING LOW 1071, THE NEXT SUPPORT IS 1037/1000 AND THE NEARBY RESISTANCE IS 1140.

IF THE PRICE BREAKS THE SWING HIGH 1112, THE NEXT RESISTANCE IS 1139/1178 WITH SUPPORT 1070 ON 30MINS CHART.

KEEP AN EYE!!

***in case of GAP opening, the given levels become invalid.

***this is my personal view. Please take advice from your financial advisor before investing.