HCL Technologies can go upto Rs 443, says Anu Jain, Sr. Vice President, IIFL Private Wealth Management.
Jain told CNBC-TV18, "Till Infosys holds on to Rs 2,780-2,800 level there is a case to be long on to it. If it gives up that then one would have to revive the situation at the same time at Rs 2,920 there is strong resistance. What happens on the result is anybody's call but you have to use either of the breakouts because we have seen it doing at every result something on either side, so I would keep that as a trigger point to either go long or short."
She further added, " TCS on the other side is finding very strong resistance at Rs 1,200. On the charts it was showing strength but now it's kind of petering out. I think the only stock which is giving some confidence is HCL Tech, which has gone up to Rs 388, consolidated and moved back to Rs 410-420. I think that is looking interesting to go upto Rs 443. So if I had to play to sector, probably with a stoploss closer to Rs 402 would buy that on dips."
