Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Investing in stocks involves risks, and it's essential to conduct thorough research or consult with a financial advisor before making investment decisions. Muthoot Microfin Limited is currently trading at 230, positioned 18.31% below its 52-week high of 281 and 16.77% above its 52-week low of 196. The stock shows signs of a bullish Harami pattern, suggesting potential upward movement, while the current spinning top indicates market indecision. The RSI reading reflects a neutral sentiment, which could mean the stock is consolidating before the next move. MACD suggests that bullish momentum is present, albeit modestly, while the ADX indicates a weak trend. Key support can be found around the 228 level, with resistance at 244, making these critical points to watch as traders navigate potential price swings.
Visit My YouTube Channels for More Content:.
Channel 1 :
ParthaKuchana : For video tutorials on tech, career advice, industry insights, global military tech.
Youtube Channel Link :
View Channel
Youtube Channel Subscription Link : Mention channel subscription link :
Subscribe
Channel 2 :
Partha Kuchana - Finance: For in-depth stock market analysis, technical and fundamental analysis of stocks, investment ideas, and tips.
Youtube Channel Link :
View Channel
Youtube Channel Subscription Link : Mention channel subscription link :
Subscribe
Channel 3 :
Partha Kuchana - Stock Analysis : For in-depth stock market analysis, technical and fundamental analysis of stocks, investment ideas, and tips.
Youtube Channel Link :
View Channel
Youtube Channel Subscription Link : Mention channel subscription link :
Subscribe
Follow me on X :
@ParthaKuchana
Join my Telegram Channel :
ParthaKuchana