Buy TCS
'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.
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Comments
Luv Sharma 316 days agoIf it breaks above 1.280 then it may rally further. Although that is unlikely donsidering the global market outlook and high valuations of the stock.
- Naveen Mudgal 313 days ago
Trade working well with TCS @ 1249, expecting to close the position this week, with approx 5% return.
TCS Q1 2013 Results: