📌 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)
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