• Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead Realasset Realasset
moneycontrol.com

Home » News » Stocks Views

Jan 09, 2013, 04.46 PM | Source: CNBC-TV18

Short TCS on rallies to Rs 1290; target Rs 1230: Kulkarni

One can short Tata Consultancy Services (TCS) on rally towards Rs 1290 with a stop loss of Rs 1320 for the target of Rs 1230-1225, says Shardul Kulkarni of Angel Broking.

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

Short TCS on rallies to Rs 1290; target Rs 1230: Kulkarni

One can short Tata Consultancy Services (TCS) on rally towards Rs 1290 with a stop loss of Rs 1320 for the target of Rs 1230-1225, says Shardul Kulkarni of Angel Broking.

Post Your Comments

Share Cancel

Midcap Radar

Excerpts from Midcap Radar on CNBC-TV18 Watch the full show ยป

One can short Tata Consultancy Services (TCS) on rally towards Rs 1290 with a stop loss of Rs 1320 for the target of Rs 1230-1225, says Shardul Kulkarni of Angel Broking.

Kulkarni told CNBC-TV18, "TCS continues to be in a strong lower top-lower bottom cycle and going forward we may see further downside risk in case of TCS. I would look at the stock moving to around Rs 1,230 to Rs 1,220, because overall the stocks in the IT space do not look that good and TCS in particular is quite negative. So, I would not be bullish in case of TCS. I would look at going short. On any rise towards Rs 1,290, place a stop loss at Rs 1,320 and look at a potential target of around Rs 1,230 to Rs 1,225."

Ads by Google

Buy, Hold, Sell ? Hear it first on M3
Short TCS on rallies to Rs 1290; target Rs 1230: Kulkarni

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login