Asterix_Vasishta

M_MFIN - Swing Trade -----NEXT MULTI BAAGGER..!!?

Asterix_Vasishta 업데이트됨   
NSE:M_MFIN   MAHINDRA &MAH FIN
Mahindra & Mahindra Finance Services Ltd.
Its an NBFC company catering to mainly vehicle loans.
There were few negative factors to consider on the fundamentals.
Company has -ve cash flow.
Liabilities of 113,264 Cr (Due to loan business)
But when the interest rate cut happens, this may face issue in making profit.

There is few strong points to consider
Profit has almost doubled. (YoY)
Trading at 5 Year average P/E
Public Holding is Less than 10%.
Company is going to start its business in Life, Health and General Insurance.

I would take the risk with tight Stop Loss and wait. Since all the NBFC Sectors are booming.

BUY- 281
STOP LOSS - 270
Target 1 - 350
액티브 트레이드:
Today I got Entry in this script @ 281. Lets see how it goes.
I entered with 30% of my total budget. When price starts sustaining above the Sell side VWAP i will add to my position.
Kept Stop Loss @ 270.

Warning:- The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by Me.
거래청산: 스탑 닿음:
Stop Loss Triggered today, Will wait to enter at Buy side VWAP.
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