Short Tech Mahindra, says Vishal Kshatriya, Sr Derivative and Technical Analyst of Edelweiss.
Kshatriya told CNBC-TV18, "Short Tech Mahindra. The stock has generated trendline along with good volumes placed on the hourly charts. Momentum oscillators are contiue to trade with a negative bias. I am expecting stock to trade with a negative bias. OI data indicate aggressive short build up. Traders can go short in the range of Rs 600-605 with target of Rs 550 maintaining stop loss at Rs 635.
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