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MTF Stock Pick Buy Mahindra Holidays & Resorts India Ltd For Target Rs. 340 - HDFC Securities 

TECHNICAL OBSERVATIONS

Triple Top resistance of 255 is taken out on the monthly charts

Volumes have confirmed the breakout on the weekly and monthly charts

Stock broke out from the resistance in the month of May 2021, then showed running correction in the month of June and Now in the current month of July, it has resumed the uptrend

Hotels and Hospitality stocks have started showing traction after long time

Indicators and oscillators have been showing strength in the current uptrend

Flag pattern breakout is seen on the daily chart

Stock is placed above medium to long term moving averages, indicating bullish trend on all time frames

Buy Mahindra Holidays & Resorts India Ltd Up to 3 Months @ Average level 250 CMP 268 TGT 340 SL 241

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