Time to accumulate MUTHOOT FIN & M&M FIN on decline

MUTHOOT FINANCE

Last close 401.70

Buy on decline keeping stop loss of Rs.392 for an upper target of Rs.411, Cross over will take this to Rs.419.

M&M FINANCE

Last close 472.25

Hold with a stop-loss of Rs.462. The trend would turn bearish on a weekly close below Rs.462. Till then stock will continue to remain in firm grip of bulls. Upper sideā€¦Stock will zoom to Rs.481. Crossover will take this to Rs.490.