MUTHOOTMF trade ideas
Muthoot Microfin (Swing):Muthoot Microfin (Swing):
This script is well set for a significant up move by breaking the IPO base .
Appropriate supply, demand, resistance and target zones are highlighted.
Trade offers a RR of more than 1:9.
Check out my earlier views for a better understanding.
Note: Do your own due diligence before taking any action.
Muthoot Micronfin CAB is currently available at a [b]15% discounMuthoot Micronfin CAB is currently available at a 15% discount from its IPO price.
As a low PE stock, it has the potential to perform well in the future.
The 250 range appears to be acting as a support level.
However, since there is no chart available for the stock, a detailed technical analysis cannot be provided.
Based on a techno funda analysis, a small quantity can be bought in this range for the long term.