Sell Tech Mahindra on bounce back: Sandeep Wagle

Sandeep Wagle of powermywealth.com told CNBC-TV18, "I would recommend an exit Tech Mahindra, a sell on a bounce back; Rs 487-490 is the range. I do not see Rs 497 being broken. That is a very strong resistance. And on the downside, if it is weak, Rs 475 should be a stoploss. But ideally, before the results one should be light, because there can be a lot of choppiness."Tech Mahindra ended at Rs 489.70, up Rs 3, or 0.62 percent on the BSE.