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Day Trading Guide: Wipro among 6 stock recommendations for Wednesday – ​Stock Ideas

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On Tuesday, the benchmark indices erased all features and settled in crimson amid promoting strain in IT, auto, and banking counters. Sensex settled 100 factors decrease at 53,134, and its broader peer, Nifty50, ended the session close to the 15,800 mark.

“Nifty rallied to register day’s excessive above 16,000 mark, nevertheless, incapacity to maintain at larger ranges erased early features. Since thirteenth June, Nifty has been failing to supply a detailed above 15,900. The looks of a bearish candle with a comparatively massive higher shadow signifies that the latest buying and selling band of 15,500-15,900 remains to be intact, therefore sustenance above 15,900 is important to regain momentum on the upside,” mentioned Amit Trivedi, CMT, Technical Analyst – Institutional Equities, Sure Securities.

Listed below are the highest six inventory suggestions which analysts recommend:

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