Go long in Wipro, target Rs 600: Sacchitanand Uttekar

Sacchitanand Uttekar of Motilal Oswal Financial Services told CNBC-TV18, "Wipro is relatively better right now. We saw a bullish hammer couple of days back and bullish harami post that re-confirms the support at around Rs 565. We expect this particular move to head higher and the stock could easily go up to Rs 600. It can be participated on the long side with a stop loss at Rs 565."At 13:32 hrs Wipro was quoting at Rs 571.60, down Rs 6.80, or 1.18 percent. It has touched an intraday high of Rs 578.70 and an intraday low of Rs 571.