Milan Vaishnav of Gemstone Equity Research has Buy on Wipro Ltd. with a target price of Rs 320. The current market price of Wipro is Rs 293.5. Time period given by analyst is month when Wipro Ltd. price can reach defined target. Milan Vaishnav has recommended to keep stoploss at Rs 282. Bollinger bands remain 48.65% narrower-than-normal and this further increase the possibility of a sharp move in price," Vaishnav said.
Source: Economic Times March 19, 2018 04:18 UTC