Singh told CNBC-TV18, "Tech Mahindra is one of those stocks in the IT sector whose relative strength is very strong. It has remained steady above the levels of Rs 1,300 and it has been one of my favourite stocks in the IT pack. At this point in time it's moving in a sideways corrective mode, consolidating at these levels. I see the stock going somewhere to the levels of Rs 1,740 or so in the short-term range where from it would again come to the 52 week high of Rs 2,000 odd. So I suppose it is a clear hold from my side."
