TATA CONSULTANCY SERV LTD
Long
Updated

Go long on TCS if it opens above trend line

TCS is unperformed after result because of margin contraction but the future outlook looks strong after Gopinathan letter to employees that TCS will not compromise on Margins for growth

Also 200 SMA is 1883 ,so it slightly below it

If it opens with good volumes tomorrow ,i am looking to go long .
Note
Keep SL -1868
Look for target -TG1 -1920 / TG2 - 1940

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