Pritesh Mehta of IIFL told CNBC-TV18, "Mahindra & Mahindra Financial Services is an interesting pick because the stock has given a breakout on the upside after seven weeks of consolidation. It corrected from the levels of Rs 350 and found support at Rs 232, build a small trading base and moved higher gradually. Thereafter it again entered into a small trading base of 50 points. Now, it is showing signs of a upmove from this level as well."
"Any kind of consolidation or uptrend in the stock has to be bought into. So, M&M Financial is a buy for a target of Rs 295," he added.
Disclosure: Analyst might have recommended the ideas to his clients but has no personal holdings.
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