Rising wedge in muthoot

Güncellendi
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.
Not
Muthoot reported a 2.5 percent increase in consolidated net profit. Idea invalid.
Not
i took the trade , fell decent points
Not
1130s low 😊😊
Chart PatternsTrend Analysis

Feragatname