NSE IT Index At Record High! Market Expert Selects Wipro And LTIMindtree For Short-Term Gains

Kiran Jani of Jainam Broking shares an optimistic outlook on IT stocks as the NSE IT Index reaches an all-time high. He highlights several key opportunities for investors. Firstly, he observes Wipro on a reversal pattern chart and suggests going long at the current market price, considering it a prime entry point with a stop loss (SL) of 480 and a target price (TP) between 600-650. Secondly, LTIMindtree is identified as a breakout stock with a strong momentum indicator. For this stock, he advises an SL below 5,400 and a TP between 6,400-6,500 in the near term. Lastly, for Infosys, Kiran Jani notes some consolidation but sees strong chart patterns and recommends holding the stock for long positions. Tune in to know Kiran Jani’s expert analysis and detailed stock recommendations.