Ashish Chaturmohta of Fortune Group told CNBC-TV18, "Voltas made it's all-time high at around Rs 300 odd levels and since that we have seen the stock consolidating in a range between Rs 300-270 on the downside. In last 2-3 trading sessions we have observed a very strong volume as well as open interest pick up from the lower levels of Rs 270, clearly indicating that of long accumulation is happening even at current level."
"We are recommending a long position with a small stop loss of Rs 272 whereas on upside we are expecting the stock to cross it's all time high and target somewhere around Rs 300-305," he said.
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