Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "HCL Technologies has made a double bottom, confirmed it and broken out yesterday. Nothing to do with Nifty; these would have been independently buying opportunities anyway, which is why we are not looking at Nifty heavyweights."
"HCL Tech is worth buying into. I do not think it is going to be a big gap up for IT stocks, which means that one could be long in it and carry it next week," Sukhani said. Also Read: IT stocks buck weak market trend, gain over 3% on Re fall
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