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.
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