'Buy' TCS (Tata Consultancy Services) above 1227 with Target Price of 1271 and Stop Loss at 1205, its the Best Pick in IT Sector at the moment.
Infosys share has tanked 9% approx after Q1 Results and Investors are expected to move Money from Infosys to TCS, after the dismal dollar Revenue guidance given by Infosys today.
Infosys Q1 2013 Results Update:
Infosys has cut its guidance for the year to 5% for the year, much lower than NASSCOM's forecast of 11%-14% for IT industry's growth.
5/5 stars (2 votes)
Trade working well with TCS @ 1249, expecting to close the position this week, with approx 5% return.
TCS Q1 2013 Results: