Muthoot Finance Ltd
Long

MUTHOOT FINANCE READY TO SWING UP WITH HUGE VOLUME BREAKOUT 📈💡

204
MUTHOOT FINANCE READY TO SWING UP WITH HUGE VOLUME BREAKOUT 📈💡🔥

🟢 What a Reversal on weekly chart from Long term support! I would be damned if I wouldn't take a position it. So I will tomorrow.

🟢 That too with a steller Quarterly Results 🔥👇🏻

🎯 Revenue: Revenue increased 26.8% year-over-year to ₹3,842.68 Cr in the Q3 2023-2024

🎯 Net profit: Net profit increased 18.95% year-over-year to ₹1,103.52 Cr in the Q3 2023-2024

🎯 EPS: EPS is ₹29.46 for Q3 FY24, which is an increase of 16.19% year-over-year

🟢 Promoters Buying also Spotted 🔥🔥

I'll enter tomorrow for upto 35% upside rally with these levels 📈👇🏻

Entry - 1328

Target 1 - 1375
Target 2 - 1424
Target 3 - 1535
Target 4 - 1640

Stoploss - 1260 on Weekly Closing Basis

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