Rising wedge in muthoot

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the stock gave a breakdown today and however there is one risk, rising wedge should generally retrace from 50% fibonnaci levels but this stock has retraced from 61.8% levels. Hence it might be a risky bet. Still if stock falls it can give a good downmove.

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ملاحظة

Muthoot reported a 2.5 percent increase in consolidated net profit. Idea invalid.

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ملاحظة

i took the trade , fell decent points

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ملاحظة

1130s low 😊😊