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This NBFC stock jumped 10 per cent last week; is it the right time to bank on it?
This NBFC stock jumped 10 per cent last week; is it the right time to bank on it?

This NBFC stock jumped 10 per cent last week; is it the right time to bank on it?

The stock has broken out of a bullish pattern and a move above Rs 198 is positive for the stock.

Karan Dsij Article rating: 4.4

The stock of Mahindra & Mahindra Financial Services Ltd jumped over 10 per cent in the last week. With this strong upmove, the stock has broken out of a nine-week consolidation and 33-week cup & handles-like pattern with a massive volume last week.  

 

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