Investment Pick!

Wipro was trading in a downward channel and it has given breakout this week. Now we can assume the up move in the stock. Wipro is IT gaint and overall IT sector is looking good after Nasdaq has given a double bottom breakout few weeks earlier. Hence I am really optimistic about whole IT sector. All the IT stocks have taken very good beating and a good amount of correction is visible in all the IT stocks in spite of good results.

CMP - 401 (26/5/23)
T - 450, 480 W
SL - 370 W