Kunal Bothra of LKP told CNBC-TV18, "HCL Technologies, Infosys, Tata Consultancy Services (TCS), all these key IT stocks warrant that probably at any dip it offers a very good trading opportunity in terms of technicals."
"Wipro has formed a very good pennant formation on the hourly charts and on the daily charts as well. I believe that probably on an upside one could look at a target of Rs 502-505 in the next 3-5 days with a stoploss Rs 475," he said. Disclosure: He does not hold the stock, but at LKP he recommended the stock to clients.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
