Buy Wipro on corrections: Sukhani

Sudarshan Sukhani, s2analytics.com advises to buy Wipro on corrections.
 
Sukhani told CNBC-TV18, “Charts for most tech stocks and that includes Wipro, suggests that what is happening now is a correction rather than a downtrend. Now, the problem with Wipro is that it goes out of this list but that’s really not much to say about. Wipro is in an uptrend. So after whatever correction is complete, I would be a buyer in it.”
 
Wipro closed at Rs 448.45, down Rs 6.30, or 1.39 percent. It has touched an intraday high of Rs 455.80 and an intraday low of Rs 430.05.