Buy Wipro with stoploss of Rs 475: Gujral

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Buy Wipro with stoploss of Rs 475: Gujral

Technical Analyst, Ashwani Gujral is of the view that one can buy Wipro with a stoploss of Rs 475 for a target Rs 555.

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Excerpts from Bazaar on CNBC-TV18 Watch the full show » ALSO READ See previous views by Ashwani Gujral See what other Experts & Brokerages are saying about Wipro See messages about Wipro Wipro BSE | NSE 09/02/12 Are Mutual Funds betting on Wipro?

Technical Analyst, Ashwani Gujral is of the view that one can buy Wipro with a stoploss of Rs 475 for a target Rs 555.

Gujral told CNBC-TV18, "IT stocks both midcap, largecaps are showing good strength. Wipro had a bad day the day before, good day yesterday, so today if Cisco result had been good probably you would have seen some sort of upside. But in any case if you see some sort of downside Wipro is still a good buy, you could buy it with a stoploss of about Rs 475 and that could give you targets of Rs 555. Even Infosys , TCS a lot of these stocks are taking fresh ground."