Stock of the day : Power Finance Corp Ltd. For Target Rs.1840 - Religare Broking
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Muthoot Finance Ltd
* MUTHO0TFIN has been in a steady uptrend from last more than 10 months forming eries of higher highs and lows with gradual rise in volumes.
* The stock has registered a fresh breakout with strong rise in volumes and holding above its previous swing high.
* Also, it has witnessed a breakout from the squeeze Bollinger bands indicates bullish tone to continue.
* Traders can consider fresh longs in the mentioned range.
Buy Muthoot Finance Ltd CMP 1745.40 Range 1743-1747 SL 1700; Target 1840
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SEBI Registration number is INZ000174330
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