Buy Tech Mahindra, says Kunal Saraogi

Kunal Saraogi of Equityrush told CNBC-TV18, "Tech Mahindra to my mind is broken out a fresh in today’s trade. It is broken through that resistance area of Rs 2,700 and it is now trading comfortably above that level, so Rs 2,800 and probably Rs 2,850 also in on the cards for this one. One should definitely buy at the current levels and put a stoploss at the breakout which is at Rs 2,700."

At 14:36 hrs Tech Mahindra was quoting at Rs 2,750.20, up Rs 70.10, or 2.62 percent. It has touched a 52-week high of Rs 2,755.90 on the BSE.

Disclosure: Analyst doesn't have any position in the above stock.