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Buy Tech Mahindra, Muthoot Finance: Manoj Murlidharan

Manoj Murlidharan of Religare Securities recommends buying Tech Mahindra and Muthoot Finance.

December 14, 2017 / 11:09 IST

Manoj Murlidharan of Religare Securities told CNBC-TV18, "We like Tech Mahindra. The stock has seen good long built up and we believe this stock can take the momentum. So, Rs 504 is the level where we recommend buying even in the cash and future, Rs 496 is a stop loss and we are expecting a target of Rs 544."

"Muthoot Finance yesterday, was down 4.5-5 percent and we had not really seen the delivery based selling and every time it comes to the level of Rs 408 to Rs 411, we have seen a bounce coming."

"We recommend buying that, and expecting a short covering to come in. The target should be close to Rs 444, the stop loss should be Rs 398," he said.

CNBC-TV18
first published: Dec 14, 2017 10:30 am

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