Last Updated : Jan 20, 2014 06:02 PM IST | Source: CNBC-TV18

M&M Financial may test Rs 250: Sudarshan Sukhani

Sudarshan Sukhani of feels that Mahindra & Mahindra Financial Services may test Rs 250.

Sudarshan Sukhani of told CNBC-TV18, "There is more downside in Mahindra & Mahindra Financial Services. It is best to wait. Do not short it. It is a very good, strong stock but probably a target of Rs 250 on the downside is possible. That would be the first place where I would consider buying it, not now."

The share touched its 52-week high Rs 355.90 and 52-week low Rs 179.00 on 23 December, 2013 and 04 March, 2013, respectively.

Disclosure: I do not have positions in the above stock.

First Published on Jan 20, 2014 06:02 pm