HomeNewsBusinessStocksBuy M&M Financial, sell JSPL: Vishal Malkan

Buy M&M Financial, sell JSPL: Vishal Malkan

Vishal Malkan of malkansview.com advises buying Mahindra & Mahindra Financial Services and selling Jindal Steel & Power.

December 30, 2014 / 17:14 IST
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Vishal Malkan of malkansview.com told CNBC-TV18, "One may buy Mahindra & Mahindra Financial Services which has given a good breakout above the levels of Rs 310 with good volumes and momentum. So, I will go with a buy with a stoploss of Rs 310 for targets of Rs 328."

He further added, "One may sell Jindal Steel & Power (JSPL) which is trading at a resistance forming bearish pattern on daily. Sell with a stoploss of Rs 156 for targets of Rs 146."

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first published: Dec 30, 2014 03:20 pm

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