 "The stock of Muthoot Finance has bottomed out near 1080 after a decent correction and has indicated a positive bias")
BUY ABB | CMP: Rs 949.40 | TARGET: Rs 1,050-1,080 | STOP LOSS: Rs 890
The stock has maintained a good base near 890 levels and has picked up momentum to improve the bias. Besudes, it has potential to rise further in the coming days. The RSI also has indicated a trend reversal and has showed a steep rise to make the bias stronger. We suggest to buy and accumulate the stock for an upside target of Rs 1,050-1,080, keeping the stop loss of Rs 890.
BUY MUTHOOT FINANCE | CMP: Rs 1,212.95 | TARGET: Rs 1,400 | STOP LOSS:
