MUTHOOT FINANCE STRUCTURE BASED SELL OPPORTUNITY

MUTHOOT FINANCE GETS REJECTED AT THE DAILY PREVIOUS STRUCTURE RESISTANCE, ON H-4 TIME FRAME, WHICH SUGGESTS THAT STOCK MIGHT GET PULL BACK FROM CURRENT LEVEL OF INR 940 TOWARDS INR 890 OR BELOW UP TO INR 780. BEARISH RSI DIVERGENCE ADDS CONFIRMATION TO OUR BEARISH BIAS ON STOCK. ON THE OTHER SIDE IT MIGHT GO TO INR 1000 MARK IF IT BREAKS TODAY'S HIGH OF INR 967.