R-0232 BUY MUTHOOT FIN DEC FUT @1225 TGT 1280-1320 SL 1140
➢ Stock Price has broken out on the daily chart where it closed at highest level since 09 Nov
➢ Short term trend of the stock is positive where it is trading above its 5- and 20-day EMA
➢ Oscillators like RSI and MFI showing strength in the stock.
➢ Considering the Derivative & Technical evidences discussed above, We recommend buying the Muthoot
Fin Dec future between 1209-1225 and average at 1165, for the upside targets of 1282 and 1330,
keeping a stop-loss at 1140
➢ Short term trend of the stock is positive where it is trading above its 5- and 20-day EMA
➢ Oscillators like RSI and MFI showing strength in the stock.
➢ Considering the Derivative & Technical evidences discussed above, We recommend buying the Muthoot
Fin Dec future between 1209-1225 and average at 1165, for the upside targets of 1282 and 1330,
keeping a stop-loss at 1140
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