Sell on Mahindra & Mahindra Futures with a target at Rs 1090

In a chat with ET Now, Mahesh Bhagwat, Consultant, Way2Wealth, says Mahindra & Mahindra Futures is a sell call with a stop is Rs 1240 and a target at Rs 1090

ET Now: What will you recommend on Mahindra & Mahindra Futures?

Mahesh Bhagwat: A SELL on Mahindra & Mahindra Futures. I expect it to go down further so you can sell it at current levels and on rallies to Rs 1190. The stop is Rs 1240 and I expect it to go to around Rs 1090.