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Buy Mahindra and Mahindra, CONCOR looks good: Prakash Gaba

Prakash Gaba of prakashgaba.com is of the view that one can buy M&M while he feels that CONCOR looks good.

May 08, 2017 / 15:08 IST

Prakash Gaba of prakashgaba.com told CNBC-TV18, "Mahindra and Mahindra is looking good, it has given breakout around Rs 1,290-1,300 zones and has seen a good up move and then consolidation and today's move is encouraging. It is heading to levels closer to around Rs 1,390 or Rs 1,400 zones. A good Rs 50 upmove is available on M&M, just have a stop loss below Rs 1,320 and trade long for a day, two or three days and make money."

"Container Corporation of India (CONCOR) looks good, a good bounce from a very strong support zones, it can climb to levels closer to Rs 1,240 and keep stop loss below Rs 1,188," he added.

"KEC International shows heads up today, bounced from a strong support zones and it can climb to levels closer to Rs 225 zones in a day or two, keep stop loss below Rs 214."

first published: May 8, 2017 02:55 pm

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