Short term traders don‘t buy Infosys, TCS, Wipro: Sukhani

Sudarshan Sukhani, s2analytics.com advised ignoring TCS, Infosys, Wipro and HCL Tech for short term.

Sukhani told CNBC-TV18, “TCS and Infosys have certainly done better than the other stocks. In general, if you are a position trader I would say you should be considering TCS, Infosys, Wipro and HCL Tech depending on your choice. All four are in the same class for creating long positions here. There is also at least some correlation with the weakening rupee, but independently their corrections maybe coming to an end. But for short-term traders there is no opportunity just now.”