vipulmehta817

MUTHOOTFIN bouncing off 200WMA and trendline

Long
NSE:MUTHOOTFIN   MUTHOOT FINANCE LTD
The chart of the stock Muthoot Finance (NSE: MUTHOOTFIN) is bouncing off its long-term, seven year old trendline from where it has taken support multiple times in the past.

The stock is also bouncing off 200WMA which has also been its long-term support since listing.

The chart looks bullish with ultimate target of previous all-time high zone of 1800.

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