Manish Hathiramani of Deen Dayal Investments told CNBC-TV18, "A sell on Voltas is with a target of Rs 210 and a stoploss of Rs 250. A very slow and steady decline we have seen on this particular stock and after it broke the levels of Rs 265 it even disrespected the next support of Rs 245. I feel it is a very good shorting candidate."
At 14:36 hrs Voltas was quoting at Rs 237.50, up Rs 2.10, or 0.89 percent on the BSE.
The share touched its 52-week high Rs 286.50 and 52-week low Rs 97.05 on 24 November, 2014 and 28 January, 2014, respectively.
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