Yogesh Mehta, Assoc VP-PCG Adv Equities of Motilal Oswal told CNBC-TV18, "Since the last two quarter results were not good for Mahindra & Mahindra Financial Services and on the chart side also there is a resistance of around Rs 285-290 which it is not crossing over. We have seen Rs 290 earlier but it is not sustaining above those levels."
"One can go short in it at Rs 278 on the spot keeping Rs 287 as a stoploss and the target will be Rs 260-262," he added.
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