Published on 17/07/2017 11:24:53 AM | Source: Religare Securities Ltd

Derivative Ideas Muthoot Finance Ltd For Target Rs.502.00 - Religare Sec

Posted in Broking Firm Views - Short Term Report | #NBFC #Muthoot Finance #Trading Report #Religare Securities Ltd


Derivative Ideas

Muthoot Finance has witnessed good short covering in last trading session. The scrip has also breached a stiff resistance of 464,we expect follow up buying and the stock to rally towards 504 in the short term.

 

Strategy:

BUY Muthoot Finance July@472-474 sloss at 456,target 502.

 

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