AK1808

Breakout after long consolidation !

Long
AK1808 Updated   
NSE:MUTHOOTFIN   MUTHOOT FINANCE LTD
Stock after consolidating for almost 5 months between 1450 - 1600 levels, has given breakout today.

Longs can be considered at CMP or any retrace till 1620 levels, with SL 1500 on weekly CB for the target of 1920 - 1950 levels, with more than 1:2 RR.

Kindly do your analysis before initiating trade.
Trade closed: stop reached
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