MUTHOOTFIN TIME FOR THE NEXT MOVE

MUTHOOTFIN HAS ALREADY MADE 2 UNSUCCESSFUL ATTEMPTS TO CLOSE ABOVE 1200.A CLOSING BELOW THE SUPPORTING TRENDLINE RESISTANCE CAN TRIGGER A DESCENT CORRECTION HERE.
2.ANY TWO CLOSING ABOVE THE UPPER RESISTANCE LINE WILL HELP IN NEW HIGHS BEING CREATED IN NEAR FUTURE.

CONSIDERING THE VOLUME WITH WHICH BREAKOUT HAPPENED AND THE CONSOLIDATION NEAR 1070-1120 EXPECTING IT TO TEST THE RESISTANCE AGAIN.