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Here's why Ajit Mishra recommends buying Birlasoft, Mahindra & Mahindra

However, the technical analyst from Religare Broking recommends to short sell Hindalco November futures

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Ajit Mishra Mumbai
Birlasoft Limited
Recommendation: Buy
Last Close: Rs 438.55
Initiation range: Rs 434-438
Target: Rs 465
Stop loss: Rs 422

Birlasoft has been trading in a consolidation range of Rs 380-450 for the last five months and currently trading closer to the upper band of the range. The recent buoyancy in the IT pack is likely to trigger a breakout soon. We thus recommend creating fresh longs in the mentioned zone.

Mahindra & Mahindra Limited
Recommendation: Buy
Last Close: Rs 960.30
Initiation range: Rs 945-955
Target: Rs 1,010
Stop loss: Rs 920

We are seeing noticeable traction in