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You are here : IndiaNotes >> Research & Analysis >> Companies >> Mahindra & Mahindra Ltd. >> Research

Buy Majesco, Voltas, M&M; Sell CESC

Reliance Securities | 22 Jan, 2018  | Follow Author | Add to my Favourites 
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Majesco Limited’s stock rose by 3.9% on Friday, while the BSE Sensex rose 0.7%. We currently have a target price of Rs 667 on the stock.


Positional Pick

CESC (PREVIOUS CLOSE: 1109) SELL
Fresh short position can be initiated in the range of Rs1135-1155 for the target of Rs1030-970 with a strict stop loss of Rs 1192.

Intraday Picks

VOLTAS (PREVIOUS CLOSE: 618) BUY

For today’s trade, long position can be initiated in the range of Rs 617-612 for the target of Rs631-639 with a strict stop loss of Rs 604.

M&M (PREVIOUS CLOSE: 765) BUY

For today’s trade, long position can be initiated in the range of Rs 757-751 for the target of Rs 780-786 with a strict stop loss of Rs 744.
  Read full report Click here to read the full report

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BSE
709.05 -18.05
(-2.48%)
NSE
709.00 -15.65
(-2.16%)
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About Reliance Securities

Reliance Securities, the broking arm of Reliance Capital, is one of the India’s leading retail broking houses, providing customers with access to equities, derivatives, currency, IPOs, mutual funds, bonds, and corporate FDs amongst others. The large array of financial offerings helps customers fulfilling their investment objectives on one platform. Focus on timely & error-free execution represents its core strength. Their best in class research offerings, high degree of compliance with stock exchange regulations, ethical business standards, & strong risk management capabilities; Reliance Securities positions itself amongst strong & innovative brands in the financial services space.


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Disclaimer: The author has taken due care and caution to compile and analyse the data. The opinions expressed above are only the views of the author, and not a recommendation to buy or sell. Neither the author nor IndiaNotes.com accept any liability whatsoever arising from the use of any of the above contents.

 




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