What is the position of wipro and tata steel shares ? how low can they go in near future?

deepak sharma's picture

About deepak sharma

I am a new investor in Indian capital markets.

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Technically wipro stock could bottom out at this level. But you need to watch currency rate . If the currency starts going opposite direction then IT companies will have trouble.

Tata steel I am not liking much for various reason. First for buying corus this company collected huge debt in balance sheet secondly I am very positive that commodities will start going down again. That means steel prices are dipping.

 

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