Sudarshan Sukhani of s2analytics.com is of the view that one can buy TCS .
Sukhani told CNBC-TV18, "TCS was a sell day before yesterday. Today perhaps if a stock is going to bounce back from the IT pack that will be TCS, its come to some important support levels after that decline. So it is a buy, there is no rush but if the market gives a sense that it's going up and IT stock becomes stable, TCS would be the first preference rather than trade the CNX IT. I would say trade TCS on the long side."
He further added, "There is more upside in IDFC and that is also because of the momentum that midcap stocks are exhibiting and especially infra, so I would suggest Rs 115 or even little more higher is possible."
"I have a warning for infrastructure stocks that's in general, they have run up a lot and now we are seeing the last phase of that rally. So this is not a very good idea, its better to stay with the blue chips. If the Nifty goes Reliance will go up so will State Bank and it's usually better to stay with the blue chips now and let the infrastructure stock correct before you enter."
