Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Even now after yesterday's correction and maybe today Tech Mahindra could correct a bit more. It remains a buying opportunity and made a first bullish pattern. It is in the process of making a second correction, but we are buying on a dip."
The share touched its 52-week high Rs 1,123.80 and 52-week low Rs 711.85 on 04 March, 2013 and 17 July, 2012, respectively. Currently, it is trading 11.21 percent below its 52-week high and 40.17 percent above its 52-week low. Market capitalisation stands at Rs 12,814.44 crore.