Stock picks by Sameet Chavan: Buy Muthoot Finance, sell Bharti Airtel

With last week's smart rally, the daily chart now exhibits a 'Range Breakout' in Muthoot Finance

Nifty outlook 

The week starting February 1 was fabulous for our markets after an excellent Union Budget, like never before, as promised by the Finance Minister. Before anyone could realize, markets were considerably off pre-budget lows. In the last week's first trading session, trading started with the similar kind of optimism to clock fresh record highs. However, there was no real momentum in the move. In fact, the index kept oscillating within a slender range throughout the remaining part of the week. Despite some intraday volatility, the index managed to maintain its positive posture and eventually ended the week by adding