Book profits in TCS in Rs 1220-1265 range: Manghnani

Book profits in TCS in Rs 1220-1265 range, says Anil Manghnani of Modern Shares & Stock Brokers.

Manghnani told CNBC-TV18, "I think IT from a relative standpoint even if the market were to fall you would expect it to fall less given that the fact HCL Tech has hit new 52 week high and TCS new life high. But at some point even technical levels come up where the stock maybe little overstretched and it