Buy Mahindra and Mahindra, says Rajesh Jain

Buy Mahindra and Mahindra, says Rajesh Jain, EVP Retail Research of Religare Sec.

Jain told CNBC-TV18, "Mahindra and Mahindra has been consolidating near its highest level since a month. Overall the stock is bullish. One can buy the stock at CMP keeping a stoploss of Rs 785. Once the stock starts trading above Rs 820 then we can see a sharp and swift rally. Target can be Rs 840 and above in coming days.