We recommend buying Tech Mahindra for the upside target of Rs 730 and keeping a stop loss placed below Rs 665. Tech Mahindra has broken out from the downward sloping trendline, adjoining the high of June 28, August 1 and August 14, 2018 on the daily chart by closing above the Rs 675 levels with higher volumes. The short-term moving averages are trading above the long-term moving averages, indicating a bullish trend. The momentum indicators and Oscillators are indicating strength in the stock for the short to medium-term. Technology as a sector is doing well and looking good for the short-term. Therefore, we recommend buying Tech Mahindra for the upside target of Rs 730 and keeping a stop loss placed below Rs 665. MORE WILL UPDATE SOON!!