Wipro can test Rs 455-460: Shardul Kulkarni

Wipro can test Rs 455-460, says Shardul Kulkarni of Angel Broking.

Kulkarni told CNBC-TV18, "The rupee is moving higher and I would expect the rupee to actually move to 52.5 in the next couple of trading sessions. So we are expecting the IT counters to give you a decent safe haven sector. So I think that Wipro is one bet wherein you can look at the long side and I would expect the stock to test Rs 455 to Rs 460."
He further added, "In case of Infosys I would not be a buyer, but in case of Wipro, it has a better chart than that of Infosys. So I would prefer Wipro other than Infosys."