Here’s why Mehul Kothari recommends buying M&M Finance, MTAR Technologies-HDmoviesfreedownload




Buy M&M Financial Services

Buy near Rs 186

Target: Rs 198

Stop loss: Rs 181


Recently, the stock confirmed a major breakout above the Rs 190 mark and then rallied towards Rs 210. Then, we witnessed a correction and the stock has retested the breakout. At this juncture the risk reward looks lucrative to go long. Thus, we advise traders to buy the stock near Rs 186 for an upside target of Rs 198 in the coming sessions.


Buy MTAR Technologies

Near Rs 1,300

Target: Rs 1500

Stop loss: Rs 1200


The stock seems to be highly oversold after a correction from Rs 2,500 levels. We are witnessing a double bottom formation near Rs 1,200 mark on the daily chart. The stock also confirmed a breakout from previous swing high and have also formed higher top. Thus, we advise traders to buy the stock near Rs 1,300 for an upside target of Rs 1,500 in the coming weeks.


(Mehul Kothari – AVP – Technical Research, Anand Rathi Shares & Stock Brokers. Views are personal).

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Leave a Reply

Your email address will not be published.