01-08-2024 11:26 AM | Source: Religare Broking
Stock of the day : Mahindra and Mahindra Financial Services Ltd For Target Rs. 320 - Religare Broking

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Mahindra and Mahindra Financial Services Ltd

* We are seeing noticeable traction in the financial counter and M&MFIN is setting ground for the next leg of up move.

* It is forming a base near the breakout region of downward sloping channel.

* Indications are in the favor of further traction, given its entrenching position above 20 week ema along with placement of momentum indicator.

* Traders can consider longs in the mentioned range.

 

Buy Mahindra and Mahindra Financial Services Ltd CMP 303.25 Range 301-304 SL 295 Target 320

 

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