11-09-2022 10:49 AM | Source: Religare Broking Ltd
Tech Stars - Aster DM Healthcare Ltd and Muthoot Finance Ltd By Religare Broking
News By Tags | #4346 #677 #5695 #3050

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

Aster DM Healthcare Ltd

TECHNICAL RATIONALE

ATERDM has retraced marginally of late on low volumes, after making a new record high at 275.60. Technically, it’s an healthy pause in a strong uptrend and we thus recommend utilizing this buying opportunity and initiate fresh longs as per the mentioned levels.

Buy Aster DM Healthcare Ltd @263-266 CMP 266.50 Stop Loss 249 Target 289

 

Muthoot Finance Ltd

TECHNICAL RATIONALE

After spending almost 6 months around the support zone of long term moving averages on weekly chart, MUTHOOTFIN has formed a strong base around 950 levels and looks all set for a fresh rebound. We thus recommend initiating fresh longs as per the given range.

Buy Muthoot Finance Ltd @1120-1128 CMP 1122 Stop Loss 1070 Target 1210

 

To Read Complete Report & Disclaimer Click Here

 

Please refer disclaimer at https://www.religareonline.com/disclaimer

SEBI Registration number is INZ000174330

 

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer