Buy TCS: Ketan Kharkhanis, ICICI Sec

TCS has moved out of a consolidation range again and looks to be making new highs from here.

ET Now spoke to Ketan Kharkhanis, Head of Active Trader Service, ICICI Securities, on his call on TCS.

What is happening with technology stocks? What is the call on TCS now?

Where we have seen rupee really strengthening as against dollar, these technology counters have not really being underperforming, they have in fact being outperforming.

TCS currently at these levels also looks to be a good buy. It has moved out of a consolidation range again and looks to be making new highs from here. At these current levels, we may look at buying this stock with a price target of around Rs 950-Rs 960 levels.
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