Buy for July 24

The global economy has been going through a phase of slowdown. Reigning high crude prices, escalating costs and fears of recession have cast a cloud of uncertainty over the IT spends of clients. Given such a backdrop we advise investors to shift their portfolio to large cap IT stocks.

Buy Infosys: 1600, 1650, 1675. SL 1400.
Wipro: 400, 420, 450. SL 300

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