BUY at CMP of 48 .
NO STOPLOSS and keep accumulating if it goes down.
SELL at 100 by next quarter.
(The current PE of this stock is 1.6 as compared to its peers which have 10 and also it has a market share of 10%).
SELL CMP 571
ADD MORE AVERAGE NEAR 620
POSITIONAL ( TIME HORIZON 3 MONTH ROLLOVER DERIVATIVE CONTRACTS)
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TCS today has given a breakout on a larger triangle & smaller triangle, post its results today. We expect the stock to take first resistance near its all-time high at 2275 levels. A confirmed breakout above that level can lead to 2742-3000 levels. NSE:TCS
With a good compression pattern in the daily charts, this stock may give a big breakout to 1625 levels. With a fresh bullish indication we can witness a breakout. A close above 1490 should trigger a breakout with volume pickup