Profit booking emerged in the latter half of the session on Tuesday as weakness across Asian markets and investor caution ahead of the release of US Fed minutes weighed on sentiment. However, IT stocks continued to lend support, extending gains ahead of the June-quarter earnings season as the sector recovered from recent corrections.Here are two stock recommendations for Wednesday360 One Wam - Buy | Buying Zone: Rs 1,150 | Stop-loss: Rs 1,080 | Target: Rs 1,200-1,260360 One Wam has staged a strong recovery after finding support near the Rs 1,070 zone and is now attempting a breakout above the immediate resistance around Rs 1,150. The stock is trading above its 20, 50, 100 and 200-day EMAs, indicating a positive shift in trend, while RSI has rebounded above 62, reflecting improving bullish momentum.Virat Jagad, Sr Technical Research Analyst, at Bonanza PortfolioHFCL - Buy | Buying Zone: Rs 226 | Stop-loss: Rs 217 | Target: Rs 235HFCL continues to exhibit a strong bullish trend, trading well above its 20, 50, 100 and 200-day EMAs, indicating sustained buying momentum. The stock is currently consolidating near its recent highs around Rs 226, with RSI above 71, reflecting strong momentum but also hinting at a mildly overbought condition.Virat Jagad, Sr Technical Research Analyst, at Bonanza Portfolio(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)