Buy TCS at around Rs 1080: Mithil Pradhan

Buy TCS at around Rs 1080, says Mithil Pradhan, Technical and Derivatives Analyst.

Pradhan told CNBC-TV18, "IT is quite divided, if you look at individual stocks, if you look at the index Infosys surely is not into a bull market anymore that I can say with a lot of confidence now because it is making typical flat kind of a pattern. We will see a rally from here again back to same Rs 3000-3200 sort of levels. But Infosys is not something that I would be banking on right now."

He further added, "When we come to stocks like HCL Tech or TCS of Wipro or Tech Mahindra these stocks are clearly into a bull market symmetry. I would be keen to buy TCS around Rs 1080 levels. HCL Tech I would be very keen to buy around Rs 420 or 440 levels as a short to medium term point of view. I don