Sudarshan Sukhani of s2analytics.com 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.
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