Stock of the day : Mahindra & Mahindra Ltd For Target Rs. 3250

2025-06-04 10:53:46 am | Source: Religare Broking

Stock of the day : Mahindra & Mahindra Ltd For Target Rs. 3250 - Religare Broking Ltd

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Mahindra & Mahindra Ltd

Buy Mahindra & Mahindra Ltd CMP 3046.50 Range 3040-3050 SL 2940 Target 3250

* We are seeing decent traction in the rate-sensitive sectors, and among the auto segment, M&M is presenting a fresh buying opportunity.

* The stock has broken out a flag pattern, suggesting continuation of up move.

* The momentum indicator has also registered a bullish crossover, supporting the positive stance.

* Considering the price pattern and reading of the indicators, we recommend going long in the mentioned range.

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Stock of the day : Mahindra & Mahindra Ltd For Target Rs. 3250 - Religare Broking Ltd

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