current level then downside of IT stocks can be as low as 40 percents from here which suggests TCS at 1300/1400 , infy 2200/2300 ,hcl tech 800/900 and tech mahindra 1100/1200 but this projection is estimated assuming i dolor = 45 rupees ...BTW this does not mean these stocks will move down all in sudden
11.42 PM Mar 10th
The major heavyweight IT stocks like TCS , INFY ,HCLTECH ,TECH MAHINDRA , WIPRO which supported Nifty to breach its 6000 level are in big down turn this time . ICICI ,AXIS BANK ,LT ,SBI ,PNB , BANK OF BARODA all are trading way ahead of their earning so a little 2 or 3 percent further rise may
11.24 PM Mar 10th
Mahindra will reverse its downfall which you, me and most others have seen in the recent past. If the Russia-Ukraine stand off worsens, then the rupee will be at pressure and the resultant effect you will see. More over when Tech Mahindra moves just below 1800 levels, buying will start ferociously
4.35 PM Mar 10th
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