Buy TCS for the target prices of Rs 1279/1289/Higher with a stop loss of Rs 1249: ICICIDirect

Last Updated: Mon, Dec 24, 2012 03:55 hrs

We said, "trading weak into Red zone would keep the market under pressure for retesting lows of yesterday ..." Index traded weak into Red zone, broke previous day's low and ended 212 pts or 1% lower. Except IT and FMCG, all sectors lost over 1%. Realty Index tanked 2.6%, and A/D ratio worsened to 1:5.


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