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Jun 21, 2012, 03.12 PM IST
Sudarshan Sukhani of s2analytics.com view on Reliance Industries, TCS.
Sukhani told CNBC-TV18, “In Reliance Industries the downside risk is limited because we get repeated support at the Rs 680-690 level, so maybe a little more on the downside and that should stem this decline. But Reliance is an underperformer so on the upside also there is nothing that we can expect from this stock.” He further added, “ TCS is I would assume this is just one of those moves that come sometime cyclical after a rally it’s correcting. I would expect TCS to stop this decline at some point because its one of the best IT stocks.”
Tags: Reliance Industries, TCS
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