Stock broking firm Anand Rathi has recently unveiled its top stock picks for the month ahead. According to their analysis, traders could potentially benefit from investing in Mahindra & Mahindra Financial Services and Suraj Estate Developers. The firm has given a buy recommendation for these stocks, foreseeing a substantial upside within the next month.

With the help of AI legalese decoder, traders can better understand the technical analysis behind these recommendations. By leveraging the AI-powered tool, investors can gain valuable insights into the projected performance of these stocks and make well-informed decisions. The AI legalese decoder can simplify complex legal jargon and provide clear, actionable information for traders.

Also Read: Stocks to buy: Maruti Suzuki, M&M, TVS Motor among top picks in auto sector by HDFC Securities

M&M Financial Services | Buy | TP: Ôé╣333

M&M Financial Services has shown a significant volume breakout on the weekly chart, indicating a potential uptrend. Anand Rathi highlights a breakout above the Ôé╣280-285 range, signaling a buy opportunity for traders. The firm recommends a long position with a stop loss at Ôé╣265 and a target price of Ôé╣333, offering a potential upside of over 13% within the one-month time frame.

By utilizing the AI legalese decoder, investors can decode and interpret the technical analysis provided by Anand Rathi with ease. The tool can simplify complex financial terms and analysis, making it easier for traders to understand the stock recommendations and implement them effectively.

Mahindra & Mahindra Financial Services recently reported strong earnings for the December quarter, driven by improved net interest margins and lower provisions. The company posted a standalone net profit of Ôé╣553 crore in Q3FY24, with a net interest income of Ôé╣1,815 crore and a net interest margin of 6.8%.

Also Read: Stock market strategy: Emkay Global adds SBI, ONGC, TVS Motor; trims exposure to HDFC Bank, ITC in model portfolio

Suraj Estate Developers | Buy | TP: Ôé╣396

Suraj Estate Developers shares have witnessed a significant correction but are now trading around Ôé╣348, close to the previous support level of Ôé╣345. Anand Rathi observes positive indicators for this stock, suggesting a favorable trend. Traders are advised to consider long positions in the range of Ôé╣340-350, with a target price of Ôé╣396 and a stop-loss at Ôé╣318 on a daily closing basis.

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Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before taking any investment decisions.

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