Oct 18, 2013, 02.04 PM | Source: CNBC-TV18
Aditya Agarwal of Way2Wealth recommends going long on Mahindra and Mahindra (M&M) as the stock may test Rs 925-935 in the next few days.
Aditya Agarwal (more)
Sr Derivative Analyst, Way2Wealth | Capital Expertise: F&O
"Today the stock has broken that range and we are seeing some short covering in M&M, so on higher side we are expecting the stock may test Rs 925-930 levels in the next few days. In Mahindra and Mahindra one can go long in Futures only keeping a stoploss of Rs 865 and on higher side one can expect a target of Rs 925 to Rs 935 in the next few days," he said.
Disclosure: The stock which we have discussed, we have already recommended to our clients so they may be having some positions but personally I do not hold any position.
Doubting India's GDP stats, economists devise their own
Doubts about the accuracy of India's gross domesti
Mahindra launches new HCV truck series, BLAZO
Mahindra Truck and Bus division today announced th
XUV Aero Coupe to be most expensive from M&M's stable
Executive Director of M&M, Pawan Goenka, speaking
M&M unveils concept coupe XUV Aero; SUV Tivoli
Mahindra unveils racing bike, electric 2-wheeler
Mahindra Racing, a part of the group, displayed it
Turnaround in growth visible; optimistic on overseas biz: M&M
Reliance Industries may go above Rs 1100: Jai Bala
Jai Bala of Cashthechaos.com feels that Reliance I
3M India standalone Dec '15 sales at Rs 517.54 crore
3M India has reported a sales total income from op