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MUTHOOT FINANCE LTD
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MUTHOOTFIN

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  • In July 2023, price decisively cleared its previous interim peak of 1210, along with Monthly MACD going above its Trigger line.
  • This confirmed resumption of longer term up-move.
  • Price is initially expected to test its previous all time high of 1722.
  • A decisive clearance of 1722 would open higher target of 3000 (261.8% Fibonacci Retracement level).
  • Bullish view remains intact as long as price is above 1200.
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