Buy TCS, says Gujral

99695 Investors following TCS. Share this News with them.

0

Like this story, share it with millions of investors on M3

Buy TCS, says Gujral

Technical Analyst, Ashwani Gujral is of the view that one can buy TCS at around Rs 460 and try to trade it up to Rs 560 sort of levels

Post your opinion here

 

0

Tweet

Share on Tumblr

Excerpts from Bazaar on CNBC-TV18 Watch the full show » RELATED NEWS Hold Infosys, TCS, HCL Tech: Emkay Global Infosys, TCS might benefit over the longer term TCS leads gainers on the Sensex TCS' Dec qtr PAT seen at Rs 1407.9 cr: Religare ALSO READ See previous views by Ashwani Gujral See what other Experts & Brokerages are saying about TCS See messages about TCS TCS BSE | NSE 28/05/12 Are Mutual Funds betting on TCS?

Technical Analyst, Ashwani Gujral is of the view that one can buy TCS at around Rs 460 and try to trade it up to Rs 560 sort of levels.

Gujral told CNBC-TV18, "Tata Consultancy Services seems to be the strongest of the lot and in case you are looking at buying, you would look to buy it at around Rs 460 and try to trade it up to Rs 560 sort of levels."

He further added, " Infosys before the results, Rs 1,060 becomes critical, which was the low of the previous results; on the upside again Rs 1,260 is a resistance."

"You don't want to touch Wipro because that has probably weakened this morning and it needs to hold up Rs 214. Any falls below Rs 214 would take it down to about Rs 180. But broadly it is in a range right now of Rs 214 to about Rs 260."

Disclosure: It is safe to assume that analyst and his clients may have an investment interest in the above stock/sector.