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Mahindra and Mahindra Finance (UPDATE)

Mahindra and Mahindra Finance : Nomura and Stanchart gave cut ratings...but this is wonderful time to accumulate M&M finance...its having a beautiful support at monthly trendline at 230...also will not be surprised if all this brokerage houses will give a buy call @ 325 for a target of 400 plus...after 2 quarters...Analyst please do remember it was the same Mahindra group who bailed out ailing Satyam computer...give some extra points to the goodwill of the management...Also M&M Finance has a good play in insurance where FDI was raised to 49 percent...leading rally in max reliance capitals...excellent opportunities to accumulate with a target of 400 plus


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