Mahindra & Mahindra500520Automobiles
Jay Thacker recommended a buy on Mahindra and Mahindra as a short-covering candidate
- Current level
- 2700
- Target range
- 2900 to 2950
- Stop loss
- 2750
Heard on business television between 11:28:29 - 11:31:29 IST.
- Stock had closed negative for 9 to 10 consecutive weeks, building short positions.
- Thacker recommended buying in anticipation of short covering, targeting a move from 2700 towards 2900-2950.
- Suggested stop loss below 2750, citing good risk-reward on the long side.
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Source: Live TV News Channel · 9 Oct 2026
The call above is Jay Thacker, ICICI Securities's, reported here as they made it. Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.