MUTHOOTFIN bouncing off 200WMA and trendline
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.
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.