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Buy TCS, stay away from Wipro: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com recommends buying TCS and feels that one can stay away from Wipro.

October 09, 2024 / 22:22 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Wipro has been falling, it has not stopped falling. One up day is okay but it is not telling us that the decline is over. So, I would be away from Wipro. Relatively it is a weak chart."

"Tata Consultancy Services (TCS) after the news, it fell in the morning and by the afternoon it had recovered all its losses; that is good news because it is now discounting all kinds of bad news. It has already fallen 15-16 percent and is now finding support at Rs 2,300. So far as Rs 2,300 holds, it is a bluechip, I would be a buyer in TCS and that is a stop loss. However, I would expect rallies here," he said.

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