Feb 22, 2013, 01.01 PM | Source: CNBC-TV18
Sudarshan Sukhani of s2analytics.com is of the view that from the IT space one can buy Infosys and Wipro.
Sudarshan Sukhani (more)
Technical Analyst, s2analytics.com | Capital Expertise: Equity - Technical
Sukhani told CNBC-TV18, “ Infosys is going to be one of the better stocks in 2013. Markets are going to underperform but within that Infosys will do better. It is the best possible investment at this point of time, just stay with it. If the investor is a trader then let get out now. The chances are that the investor will get Infosys at Rs 2,600 sometime in the next six months.”
He further added, “I would say that Infosys and Wipro are both buying opportunities. They are now in their narrow trading ranges. We are talking very intraday. You buy now and in the next two-three hours you either get a good trade or you get out. That is the time frame. Yes, for both of them I have named Infosys and Wipro. There are trades on the long side.”