Wipro Limited
Short

IT stocks about to correct sharply

181
Left chart- Wipro
Right chart- Nifty IT Vs Nifty

Ratio Study- that the ratio is below all the three averages, is an indication that IT stocks will underperform Nifty. I had already stated that the correction in them is not over yet.

So three stocks which are a sell right now are Wipro, Infy and TechM, TCS will fall too but these are better bets as they have just started,

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