Stock Radar: Muthoot Finance breaks out from inverse Head & shoulder pattern; time to buy?

“Muthoot Finance stock has also broken out above the neckline of an Inverted Head & Shoulders pattern, signaling a bullish reversal on a smaller time frame. Traders can buy for a target of Rs 2165-2355 in short to medium term,” Kkunal V. Parar, Vice-President of Technical Research and Algo, Choice Broking, said.
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