Yep ! TCS results are coming out in 4 hrs I guess. Yesterday itself TCS board has approved for share buyback, if I'm not wrong its around Rs.2800 I believe. So, a share buyback will always increase EPS of a company, here also it can happen.
But Results are coming out so there may be wildswings on any direction bcos we can never predict how Market views results....
ULTRACEMCO trading in small range from last 5-6 trading session today again take resistance at 4075 now stock will down till 4000-3950-3900-3850 and then take support after result and it will break range also Don't known side side or up side.. but if stock break range then stock may be 5% up or 5% down..
TCS May open in red bad result posted by TCS or not so good result so its bad according to market but margin beats estimates and guidelines for next quarter seen good.. TCS if Open in green then TCS will hit 2370 and if not able to hold 2370 then stock will come down and closing will be below 2300.