Muthoot is in a parallel channel on daily chart and at the lower end. It is also close to 50 DMA of 1154. Risk reward looks favorable. Can go long with SL of 50 DMA (1154) or 1130 for more aggressive traders.
Welcome your views on my analysis
Buy trigger of L&T closes above 915 with strong volumes for targets of 940/980/1000. Stop loss at 50% of Cup level 879. Please take your own decisions on the trade