Technical Analyst, Deven Shah is of the view that TCS is a long term investment. It has a target of Rs 1,300-1,400 for six to twelve months.
Shah told CNBC-TV18, "TCS is a long-term investment; there is no kind of weakness. My target for six months to one-year down the line would be atleast Rs 1,300-1,400. There are lots of stories coming and from an investors point of view I would definitely advice to stay invested and there is no panic, there is no sell signal. One should not look at the stock every day and every moment."