Bose told CNBC-TV18, "I would say that Infosys, TCS, Wipro, HCL Tech, Satyam, all of these technology stocks are looking quite weak. In fact they can move further down and you can see a downtrend getting strengthened in stocks like Wipro and HCL Tech. HCL Tech if it were to fall below Rs 285 then there could be further fall in that. I for one would not be buying on any rebound in these stocks. These stocks are sort of getting into a secular downtrend, so any rise could be a good hedge in this bull market on the short sight."
