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Hobbytopassion_ManishJain
Feb 19, 2024 4:03 AM

Muthoot Finance Ltd - Looking bullish Long

MUTHOOT FINANCE LTDNSE

Description

THE TARGET
LTP on NSE on 16/Feb/2024 was INR 1362/- (with a high of INR 1378/- and a low of INR 1345/-)
Although it is a good buy at current levels.
Resultantly after all this discussion, I believe that the target price should be:
first INR 1650 and
second INR 1880.
Stop Loss should be INR 1180
Risk to Reward will be 1:3
The time horizon should be 12-15 months

Trade active

First target achieved.
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