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Jul 02, 2013, 12.00 PM | Source: CNBC-TV18

Buy Tech Mahindra on dip, says Sudarshan Sukhani

According to Sudarshan Sukhani of s2analytics.com, Tech Mahindra remains a buying opportunity.

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Buy Tech Mahindra on dip, says Sudarshan Sukhani

According to Sudarshan Sukhani of s2analytics.com, Tech Mahindra remains a buying opportunity.

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Sudarshan Sukhani (more)

Technical Analyst, s2analytics.com | Capital Expertise: Equity - Technical

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.

Also Read: Trading in Mahindra Satyam to be suspended from July 4

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