Sameet Chavan of Angel Broking has a sell call on Voltas with a target price of Rs 612.

The current market price of Voltas is Rs 653.65.

Time period given by the analyst is one-month when Voltas price can reach defined target.

Sameet Chavan recommended to keep a stop loss at Rs 671.

"This stock has been enjoying its stellar run since last twelve months and is now trading around its record highs. Undoubtedly, the longer term outlook remains strongly bullish as the overall structure looks quite sturdy. But, with a near term view; there are some early signs of exhaustions. Since last couple of sessions, the stock has been struggling to sustain around 670 and despite market closing at historical highs, the stock remained under pressure. Technically speaking, if we combine Wednesday's and Thursday's price action, jointly it can be construed as a 'Dark Cloud Cover'. The said pattern has a negative implication if the low of the lowest candle is breached," he said in a report.

Voltas, incorporated in the year 1954, is a Large Cap company (having a market cap of Rs 21,462.84 Crore) operating in Miscellaneous sector.