Technical Trading Idea : Muthoot Finance Ltd Target Rs. 3300 By Motilal Oswal Wealth Management

Muthoot Finance Ltd
Buy Muthoot Finance Ltd CMP 3048 SL 2920 TARGET 3300 DURATION 1 Week
* Stock in in an overall uptrend.
* Strong bodied bullish candle.
* Respecting 50 DEMA support zones.
* Surge in traded volumes visible.
* ADX line rising suggesting the uptrend has strength.
* We recommend to buy the stock at CMP Rs.3048 with a SL of Rs.2920 and a TGT of Rs.3300.
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