TCS has resistance at Rs 1200-1230, says Shruti Vora of Antique Stock Broking.
Vora told CNBC-TV18, "The BSE IT index has seen a fair amount of resistance at 6,000 levels, which also coincides with the gap area resistance. So my sense is that in case if Nifty has to see a leg down then it will be IT which will actually lead the fall which is contrary to what the expectations building up on the Infosys results are but my sense is that all three stocks among the heavyweights TCS seeing some resistance at Rs 1,200-1,230, Infosys at Rs 2,900 and Wipro at Rs 425."
She further added, "So IT is a pack at current levels would suggest some amount of profit taking. You could possibly see some amount of selling pressure coming in there."
