Stock Radar: M&M corrects from highs but is still up 96% in 1 year; should you buy the dip?

Mahindra & Mahindra Ltd's stock, after reaching record highs, experienced a decline but is showing signs of recovery. Experts suggest a potential upward trend, advising short-term traders to consider buying for a possible target of Rs 3,200. The stock has rebounded from support levels and technical indicators suggest a potential upward movement.