Buy Voltas, says Rahul Mohindar

Rahul Mohindar of viratechindia.com told CNBC-TV18, "Voltas has a pretty interesting set up, the stock broke out into a new high on Friday. In fact it broke out with very big volumes which points towards a clear trend on the upside. We are probably going to scale into new levels on Voltas."

"I would be looking at buying into Voltas even at these levels. So Rs 282 odd is where we are looking at entry with Rs 272 as the stop loss, near-term targets for Voltas are at around the Rs 300. Given 5-6 months, the stock can really move up. We are looking at Rs 350-360 coming in the stock in the long-term," he said.