Technical analyst Anil Manghnani of Modern Shares & Stock Brokers has recently recommended the investors to sell the stock of Mahindra and Mahindra.

Today, the stock of the company opened at Rs 811.50 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 826.40 and a low of Rs 498.50 on BSE.

Current EPS & P/E ratio stood at 42.04 and 15.73 respectively.

According to Mr. Manghnani, "On Friday, I put out a sell call on Tata Motors and on Maruti because I think they have reached a major levels, so I think as a pack yet, they have rallied. Maybe Bajaj Auto - it did show a lot of strength even on Friday."

He suggested that I would even make a call and say sell Mahindra & Mahindra (M&M) at this moment as even that has rallied from sub-600 closer to Rs 700 so that around Rs 690-695 has a sell.

Meanwhile, employees on M&M in Nashik plant went on a one-day strike and the firm faced the output loss of around Rs 30 crore.

However, Mr. Manghnani said, "The top three that have been doing reasonably well, which is Tata Motors and M&M, Maruti has been weak but even that has rallied, those three would be come sells right now."