Feb 17, 2017 11:17 AM IST | Source: CNBC-TV18

Wipro can climb to Rs 490, by Cadila Healthcare on dips: Gaba

Prakash Gaba of prakashgaba.com advises buying Cadila Healthcare on dips.

Prakash Gaba of prakashgaba.com told CNBC-TV18, "I have already recommended HCL Technologies. I also like Wipro. It certainly is inching forward. I think it can climb to levels closer to Rs 490 and one could have a stoploss below Rs 475."

"Even Tech Mahindra and Tata Consultancy Services (TCS) are looking good. I would say Tech Mahindra is better comparatively; it can climb to levels closer to Rs 515 zones."

"Cadila Healthcare has seen a massive up move today. In fact that is an igniting up move I would call it and the way it is trading, all dips can be bought until Rs 380 zones. The stock is around Rs 429-430, dips until Rs 380 can be bought for a target beyond Rs 500 or so."

"IndusInd Bank certainly looks good to me. The target that I have is around Rs 1,380; it can climb up there, stoploss below Rs 1,320. IndusInd Bank is in my investment portfolio I must disclose."

"I also like LIC Housing. It can climb to levels closer to Rs 560 and stoploss below Rs 550," he addd.

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