NIFTY 50

Buy Aurobindo Pharma & Wipro, says Mitessh Thakkar

Updated : November 01, 2018 05:30:52 IST

Mitessh Thakkar and Mayuresh Joshi of Angel Broking discuss with Ekta Batra and Surabhi Upadhyay their analysis on the technical side of the market as well as specific stocks and sectors. They also answered viewer stock queries.

They shared their views and readings on ICICI Bank, Wipro, Aurobindo Pharma, HDFC & Larsen & Toubro.

Talking about Wipro Mitessh Thakkar said, "To me I think Wipro is a hold or in fact even a buy. Wipro technically has underperformed the IT peers for many months now. But also if you look at the chart it sitting on a very important long-term level of around Rs 330-340 and once it crosses that - that will be all-time high for this stock and once the breakout above these happen  then I would look at targets of around Rs 420-430 over here in the next 6-7 months."

Follow stock recommendations by Mitessh Thakkar here: https://www.cnbctv18.com/author/mitessh-mthakkar-111/

Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
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