Wipro has a good 5-6% upside: Mohindar

Rahul Mohindar of viratechindia.com is of the view that Wipro has a good 5-6% upside.

Mohindar told CNBC-TV18, "HCL Tech definitely has a potential to move towards Rs 300-310. If one is looking at Wipro also, there too you have a good 5-6% upside but I see this more as short-term movers. I wont be an investor into these. If one is really long-term and willing to wait it out with a the kind of 10% downside cushion, may be Infosys is the one I would still bet on but its clearly a short-term play in HCL and Wipro. I don’t see this living out over the medium to long-term from an immediate perspective."

Disclosure: It is safe to assume that analyst personally doesn't hold any of the stocks. However, he may have recommended some of them to his clients.