Mahindra & Mahindra Fin Ser - Potential 100% gain in 3 months
Economic Indicator - Rural Economy is in uptick mode in India and not impacted by covid as estimated by experts.
Policy Indiactor - RBI stepped in and provided liquidity as needed
fundamentals - 40 to 50% undervalued. less than 10% moratorium.
Technical - see the charts
market trend - Bajaj Finance and other fin companies reverting to mean as market understanding less impact of covid and open up economy.
stock is beaten down and less probability to fall further.
Summary - Long on Stock till stock price hits 350.
Disclaimer - this is not investment advise, neither I take any responsibility of your losses if incurs due to market situation.
Policy Indiactor - RBI stepped in and provided liquidity as needed
fundamentals - 40 to 50% undervalued. less than 10% moratorium.
Technical - see the charts
market trend - Bajaj Finance and other fin companies reverting to mean as market understanding less impact of covid and open up economy.
stock is beaten down and less probability to fall further.
Summary - Long on Stock till stock price hits 350.
Disclaimer - this is not investment advise, neither I take any responsibility of your losses if incurs due to market situation.