Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Tech Mahindra has been the best of five stocks in the IT universe. It is certainly giving us a promise of higher levels ahead. It rallied, went through what was a normal correction for any good stock and is resuming its rally yesterday. We should be seeing a build up of that rally today and probably even new highs for this uptrend. I would be upbeat on it."
"This market has been so choppy, one has been watching it day-in and day-out, it is not lending itself to day trading. The real money is going to come in positions. So if I am bullish on Tech Mahindra, if I can get something out of a day trade, no harm, that is fine but the bigger money would probably come if I were willing to carry it for a few days," he said. Also Read: Tech Mahindra: Prospects improving, US biz to drive growthDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
