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Option strategy of the day | Breakout in M&M stock from consolidation; use Bull Call Spread to capture upside

Among the constituents of Nifty Auto, M&M has broken out of a 13-day consolidation phase on a daily scale. The daily and weekly RSI are in the bullish zone according to RSI range shift rules.

Anish Shah appointed as chairman of Mahindra Finance

Anish Shah appointed as chairman of Mahindra Finance SECTIONS Last Updated: Jan 29, 2021, 12:59 PM IST Share Synopsis He is the deputy managing director and group CFO of Mahindra and Mahindra (M&M) Ltd and is designated to take over as the managing director and CEO of the company from April 2, 2021, Mahindra Finance said in a release. Agencies MUMBAI: Mahindra and Mahindra Financial Services on Friday announced the appointment of Anish Shah as the chairman of the board, effective April 2, 2021. Shah is already a director of the company. He is the deputy managing director and group CFO of Mahindra and Mahindra (M&M) Ltd and is designated to take over as the managing director and CEO of the company from April 2, 2021, Mahindra Finance said in a release.

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