According to the technical analyst from Anand Rathi, TCS can target Rs 3,200 on the upside, while L&T Technology Services can rally to Rs 3,450.
Wipro and MindTree logged new life-time highs in trade on Thursday and can see further upside of up to 11 per cent
For Nifty IT, the immediate support comes in at 16,400 levels on a closing basis and the rally should move towards 17,500 and 17,700 levels.
Stock ideas from Anand Rathi Research