Buy Voltas, sell IFCI: Kunal Saraogi

Kunal Saraogi of Equityrush told CNBC-TV18, "Voltas has broken out afresh on the charts. A very decisive breakout in a market which is otherwise sluggish. So, Rs 267 is very easily achievable on Voltas. One could look to buy the stock at the current levels and put a stoploss at Rs 253."

"I have a sell recommendation on IFCI which has broken through a major consolidation and I think the stock is likely to head substantially lower from the current levels. One can sell it with a target of Rs 31 and put a stoploss at Rs 33.25," he added.