[MMB W] worst stock in IT, sell it target 150 to 140 keep a stop loss 204.25

The broader market has seen significant swings recently, with some days showing strong gains (Sensex up 2,900 points) and others experiencing drops (Sensex down 600 points). The IT sector's performance can be influenced by global cues and overall market sentiment.

For Wipro, consider a cautious approach; if already holding, monitor for breakdown below key support levels, but avoid making decisions solely based on MMB posts.

For Indian markets, this story mainly matters for the Information Technology pocket. The current signal is mixed, so traders should watch whether the effect spreads across the sector or stays limited to a single name.

Watch whether the market validates this read through price action, volume, and breadth. If the headline matters, the signal should show up in execution, not just in commentary.

• •Recommends selling Wipro.
• •Sets a target price range of 150 to 140.
• •Suggests a stop loss at 204.25.
• •Labels Wipro as the 'worst stock in IT'.
• •Risk flag: Source (MMB) is highly unreliable and prone to speculation/manipulation.