Book some profit in Wipro: Meghana Malkan

Written By Unknown on Selasa, 23 September 2014 | 18.00

Meghana Malkan, Trading Coach at malkansview.com is of the view that one book some profits in Wipro and feels that one can enter India Cements or even enter Titan Company.

Meghana Malkan, Trading Coach at malkansview.com told CNBC-TV18, " Wipro  has the momentum on its side but overall the weekly and the monthly chart has been resisting and crossing the all time high levels of Rs 600 which is the previous high. So it has been resisting there, it has been showing some technical signs of weakness and some cracks."

"One can book some profit In Wipro and then could wait for a dip again to re-enter. One could enter India Cements  or even enter Titan Company , that would give a better return rather than waiting for Wipro to cross the high levels," she added.


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