Buy Voltas, advises Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Voltas has seen a very decent rally, quite dramatic from Rs 65 to Rs 90 and that tells us that this one is at least on a roll, the bear market is over. This is a swing trade, it is not something one wants to lock in the safe deposit or demat account but we are talking of day trading only. It is worth buying, it is on the verge of a breakout and sharp momentum should support it."

At 10:14 hrs Voltas was quoting at Rs 89.35, up Rs 2.05, or 2.35 percent. It has touched an intraday high of Rs 89.90 and an intraday low of Rs 87.90. The share touched its 52-week high Rs 119 and 52-week low Rs 62.70 on 05 November, 2012 and 04 September, 2013, respectively. Currently, it is trading 24.92 percent below its 52-week high and 42.5 percent above its 52-week low. Market capitalisation stands at Rs 2,956.46 crore.