M&M may slip to Rs 910: UJLK Securities

Published on Wednesday, February 10th, 2010 at 5:53 PM
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Author: stockalert (2026 Articles)

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Gautam Vora, UJLK Securities is of the view that Mahindra and Mahindra, M&M may slip to Rs 910.

“We feel M&M looks weak we have a down target of Rs 910 and other than that Reliance is looking weak right now so we could see another 2-3% correction in that also. So most of the defensive stocks and the heavyweights like the HUL etc they are pretty much moving sideways so supports very close to where they are traded at their current levels, so they are looking at vulnerable at this point in time according to me.”

Source : MoneyControl

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