Buy Voltas, advises Kunal Saraogi

Kunal Saraogi, CEO at Equityrush told CNBC-TV18, "Voltas has broken out on the charts. It has completed a range consolidation and looks good for another Rs 20-30 on the upside. One can definitely look to buy at the current level, Rs 289-290 can be a target and Rs 275 is where one should put a stop loss."

At 14:54 hrs Voltas was quoting at Rs 280.75, up Rs 6.30, or 2.30 percent. It has touched an intraday high of Rs 282.20 and an intraday low of Rs 274.60.

Disclosure: Analyst does not have any positions in the stock.