Anil Manghnani of Modern Shares & Stock Brokers is of the view that I-Flex Solutions can touch Rs 1550.

Manghnani told CNBC-TV18, "Wipro Rs 480, if it can sustain then it could move closer to Rs 550. TCS is probably the weakest of the pack but again you would buy the fall - Rs 867 to Rs 843 or so is a major support, which it did hit after the results. So as long as those supports are held it is fine."

He further added, "There are other interesting ideas in the midcap may be like I-flex that has given a major breakout recently and again fresher breakout today above Rs 1,350 that’s probably headed towards 1,550 sort of levels."