Sukhani's view on TCS

Published on Wed, Jan 18, 2012 at 11:08 |  Source : CNBC-TV18

Updated at Wed, Jan 18, 2012 at 11:49  

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Sudarshan Sukhani, s2analytics.com

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Sudarshan Sukhani, s2analytics.com share his view on TCS .

Sukhani told CNBC-TV18, "TCS was already under some kind of bear pressure. It did not participate in the two day rally. If the stock now continues its decline, it's giving a very big message which is the reason I think why Infosys is also going to go much lower. TCS is now probably topped out. It has done it earlier than what the Nifty will do."

He further added, "I think metals have more steam left. There's no need to rush and buy it today because you have already seen a very big rally yesterday and day before. Metals would remain an outperformer, so far as the Nifty maintains some reasonable levels metals are a buy on dips."

  

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