Tuesday, October 15, 2013

TCS UPDATE

TCS is topping out and the final target is 2364. It has a major resistance at 2285 / 2364. I guess there would be a gapup in that range and a short trade can be initiated in that zone.Please place strict stoploss above 2364 as it is one of the bullish stocks. I am no way saying that TCS would crack but could be a good low risk high reward contra trade. Below is the zone and all the levels are cash.

TCS CASH EOD

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