Buy Wipro: Sudarshan Sukhani

If the market are choppy, if we have intraday rally also then rather than buying Nifty, buy IT and buy Wipro, which is more suited for an upmove, says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "Wipro has come down and stopped at Rs 400. It is unlikely that the IT stocks will do their own things. However, it is quite possible that IT stocks may still outperform. They may fall but fall less."
He further added, "Wipro is ideally suited for a strong rally if the Nifty starts a rally. So, look at the context. If the market are choppy, if we have intraday rally also then rather than buying Nifty, buy IT and buy Wipro, which is more suited for an upmove. So, an intraday swing could be caught with Wipro." Disclosure: I have no holdings in the stock discussed.