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Vaishali Parekh is bullish on M&M Financial Services, IDFC First. Check why

A positive move in M&M Financial Services above the 200-DMA level of 163 would further strengthen the bias

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The stock of IDFC First Bank has maintained a decent base near 54 levels in recent times

Vaishali Parekh Mumbai

2 min read Last Updated : May 24 2021 | 9:06 AM IST

BUY MAH & MAH FINANCE | CMP: Rs 160 | TARGET: Rs 180-195 | STOP LOSS: Rs 150

The stock has indicated a "double bottom formation" pattern near 150 levels, forming a good support base, and has slowly picked up momentum to improve the bias. Currently, a positive move above the 200DMA level of 163 would further strengthen the bias and, with the RSI also indicating a trend reversal, the chart looks attractive. We suggest to buy this stock for an upside target of 180-195 keeping the stop loss of 150.

BUY IDFC FIRST BANK | CMP: Rs 57.25 |

Topics : Stock calls Trading strategies trading ideas from Prabhudas Lilladher Markets Investment strategies

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