Buy TCS for the target prices of Rs 1298/1306/Highe with a stop loss of Rs 1272: ICICIDirect

Last Updated: Fri, Jan 04, 2013 04:04 hrs

We said, "negative if action weakens below bottom ... Up-trend intact otherwise ... watch higher levels ..." Index did face resistance at higher levels. However, with dips holding previous day's bottom, net close was 51 pts or 0.2% higher. While most sectors ended flat, Oil&Gas and IT contributed to gains. A/D continued positive 2:1.


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