REVIEW OF STOCK STRATEGY
We had recommended to our readers buying the stock of Muthoot Finance Ltd at Rs 458.35 in issue no. 49 (dated September 24, 2018). Post our recommendation, the stock opened higher on the next day and continued its upmove to mark fresh high of around Rs 479. However, the fierce sell-off seen in the markets on Friday, September 21, 2018 dragged the stock lower and this resulted in the stock hitting the stop loss level for the trade. We had recommended our readers through our SMS service to exit the recommendation with a loss.