Wipro may correct to Rs 330: Tulsian

SP Tulsian of sptulsian.com is of the view that Wipro may correct to Rs 330.

Tulsian told CNBC-TV18, “Wipro guidance has been very poor, the kind of language, which we have seen from the management also is not very encouraging. One may see this stock getting corrected to Rs 330 also but that seems to be its good support because we have seen all the IT stocks getting corrected whether you talk of the big fours or you talk of the stocks like MindTree or Hexaware Technologies in the midcap IT space also. So one can wait for a month or so and look for a price of Rs 350.”