Wipro News
Today's picks: Nifty, SAIL, Wipro, Tata Motors
NIFTY Current: 5,412 (February futures: 5,448); Target: NA The index looked bullish with a late surge that suggests a potential target of 5,625. One session expectations are 5,525 or 5325. Stop-loss shorts at 5,475 and stop-loss long positions at 5,350. A long strangle of long 5,200p (18) and long 5,500c (58) costs 76 and this could gain 20-25 on a swing. BANK NIFTY Current: 10,507 (Feb futures: 10,588);
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