‹ All Posts
Rakesh Madhav CFA

13th Dec · SEBI-Registered Analyst

📌 Muthoot Finance – Technical View

MUTHOOTFIN
Trend: Clear long-term uptrend with higher highs & higher lows intact. Moving Average: Price consistently respects 9-EMA as dynamic support. Structure: Previous resistance zone has turned into support (role reversal). RSI: Above 70 → strong momentum; indicates trend strength, not immediate reversal. Volume: Healthy participation during up-moves. Inference: Strong trend stock; better suited for trend-following / positional trades rather than aggressive chasing. Bias: Strong Bullish (trend continuation)

#EquityResearch#TrendingSectors#TechnicalViews#FundamentalViews
1,106 likes·70 comments