Buy M&M Financial Services on dips, advises Kunal Bothra

Kunal Bothra of LKP Securities told CNBC-TV18, "I look at Mahindra & Mahindra Financial Services occasionally. It is trading at its support of Rs 225-240 range. It's been more or less the support for the last two years for the stock. So, from a contrarian perspective I would look at good risk reward to enter the longs but in terms of momentum, I really don't expect the stock to give fireworks anytime soon.""If you are a patient investor or want to buy on dips then these are good levels or good range to buy the stock," he added.