MAHINDRA & MAHINDRA FINANCIAL SERVICES - BUY
CMP- Rs 311.65
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Target – Rs 350
M&M FIN has fallen from 370 levels to make a low of 250 with RSI bouncing from oversold zone. The stock is making higher bottom and volume is on the rise. The near term resistance is at 310 and the stock has given a breakout above 310 levels.
KESORAM INDUSTRIES
CMP – Rs 146
Stop Loss – Rs 138
Target – Rs 160
After a long consolidation at 318 levels, the stock has made a bullish candle with higher volume and moved above a cluster of moving averages. The stock is ready to move for target of 160.
Disclaimer: The analyst may have positions in any or all the stocks mentioned above.
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