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Sunil Kotak

19th Mar 2025 · SEBI-Registered Analyst

Muthoot Finance - Head and Shoulders Pattern

MUTHOOTFIN
1) Chart attached in media 2) This is monthly chart 3) Pattern drawn on charts 4) Once the breakout comes from the pattern than the neckline becomes the support 5) Technically this is very strong pattern 6) This pattern indicates the trend reversal and up-move can be very strong like shown in chart 7) This is for information and learning. 8) This is not a buy/sell call. 9) We can also see that the move was very strong with the volume after the pattern breakout. Thank you, Technofunda24

#TechnicalViews#WatchOutFor
WhatsApp Image 2025-03-19 at 8.58.03 AM (1).jpeg
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