See higher levels in Wipro, says Sudarshan Sukhani of s2analytics.com.
See higher levels in Wipro , says Sudarshan Sukhani of s2analytics.com.
Sukhani told CNBC-TV18, "We have been really recycling, one day Infosys, one day Wipro. It is working out because for the short-term trader you get these 1-1.5 percent gains, even 2 percent on an intraday basis and you get some of it of course you don't get all of it.”
He further added, “Now Wipro is on the verge of a breakout. It has already covered all the ground it had lost on the back of news, results. It is now willing to go higher that is a good news. IT by itself is making new highs, so all in all if at all you want to buy something focus on IT.”
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Revival seen only post 5 quarters; like PSU banks: Emkay