Here’s why Mehul Kothari recommends buying M&M Finance, MTAR Technologies
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Acquire M&M Fiscal Providers
Buy around Rs 186
Concentrate on: Rs 198
Stop loss: Rs 181


Not too long ago, the stock confirmed a important breakout previously mentioned the Rs 190 mark and then rallied towards Rs 210. Then, we witnessed a correction and the inventory has retested the breakout. At this juncture the hazard reward appears to be rewarding to go very long. As a result, we advise traders to buy the stock around Rs 186 for an upside concentrate on of Rs 198 in the coming sessions.


Invest in MTAR Technologies
Near Rs 1,300
Focus on: Rs 1500
Halt decline: Rs 1200


The inventory would seem to be very oversold just after a correction from Rs 2,500 levels. We are witnessing a double base formation in close proximity to Rs 1,200 mark on the each day chart. The inventory also verified a breakout from past swing substantial and have also formed bigger prime. Consequently, we recommend traders to get the inventory around Rs 1,300 for an upside focus on of Rs 1,500 in the coming weeks.

(Mehul Kothari – AVP – Technical Investigation, Anand Rathi Shares & Stock Brokers. Sights are individual).

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