09-08-2024 10:37 AM | Source: Religare Broking
Stock of the day : M&M`S Ltd For Target Rs. 105 - Religare Broking
Mahindra And Mahindra Ltd
* Auto pack has been underperforming the markets and M&M is also facing the heat.
* The stock has given a breakdown from a trend reversal pattern after been in a steady up move for months.
* It has slipped below its short-term moving averages suggesting weakness in trend.
* We thus recommend creating shorts through the Put option.
Buy Mahindra And Mahindra Ltd CMP 71.70 Range 68-72 SL 55 Target 105
Please refer disclaimer at https://www.religareonline.com/disclaimer
SEBI Registration number is INZ000174330
To Read Complete Report & Disclaimer
Click Here
Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
Latest News
?Lakhpati Didis? role models in society, will transf...
Add JK Cement Ltd For Target Rs. 4,850 By Emkay Glob...
Buy PVR INOX Ltd For Target Rs. 1,650 By Emkay Globa...
Mutual fund SIPs reach Rs 23,332 crore for first tim...
Monday?s sharp correction makes markets move uncertain
Buy Narayana Hrudayalaya Ltd For Target Rs.1,405 By ...
Sell Shree Cement Ltd For Target Rs.24,765 By Choice...
Buy UNO Minda Ltd For Target Rs.1122 By Choice Broki...
Buy Apollo Tyres Ltd For Target Rs. 600 By Emkay Glo...
Buy UGRO Capital Ltd For Target Rs. 390 By Emkay Glo...