Hold HCL Technologies: Vishal Malkan

Vishal Malkan, CMT at malkansview.com told CNBC-TV18, "There was some consolidation going on in HCL Technologies in last couple of months; some good consolidation between Rs 1,500 and Rs 1,650. Now it has moved out of that consolidation in the last couple of trading sessions with good volumes and good breakout on daily chart."

He further added, "One should hold on to that. There is also news of about a bonus on that, which not sure yet, not confirmed yet. It is overall a good stock outperforming the market, outperforming the sector and good consolidation breakout. One should hold on to this stock for the next 2 - 3 months and can see targets of around Rs 1,800 plus in this stock."