WEDNESDAY STOCK PICK IDEA FOR TRADE
1. MUTHOOT FINANCE LOOKS TECHNICALLY GOOD as the stock closed above 1483.15 the stock gained more than 4 % on tuesday’s trade.
We seen a sharp rise in the chart price as the stock closed on 1424 levels on monday closing down by -0.7 % technically the stock can move upside with a target price of 1530 in coming days as the stock is approaching to its extreme resistance zone with today’s positive closing the stock can scale up to levels of 1530 from the tuesday’s close in coming 1-2 weeks and can see support at 1452 on closing basis.
- ICICI PRUDENTIAL on Tuesday the stock closed at 599.90 up +3.1% there are strong chances that stock will move towards the strong resistance zone at 622 if the stock is able to break this level the stock can make new highs with target of 800 in coming months with strong support zone at 530 on closing basis.
