Buy M&M; target Rs 1320: Rahul Mohindar

Rahul Mohindar of viratechindia.com told CNBC-TV18, "Mahindra and Mahindra (M&M) is at a very strong level of support. We have kind of consolidated four or five days. We are looking at buying in for a target of Rs 1,320 and going to keep a stoploss at Rs 1,240.""From a short-term perspective if you can hold the stock may be a week or two you will definitely see a strong trend coming in," he added.