 "Markets, Buy, Sell, Stocks")
BUY MUTHOOTFIN | TARGET: Rs 1,210 | STOP LOSS: Rs 1,120
The stock has provided a breakout from a falling wedge pattern on the daily chart. It is also trading well above its short-term and long-term moving averages. The momentum indicators and oscillators are in the buy mode on the daily scale which hints at further momentum in the counter. Based on the aforementioned rationale, we can expect conservative target of 1,210.
BUY BANDHAN BANK | TARGET: Rs 300 | STOP LOSS: Rs 277
The stock has provided a breakout from a multi-month falling trend line on the daily chart. The volumes were
