TCS likely to see a corrective rally: Vinith Jain, Siddh Capital

Vinith Jain, Director, Siddh Capital, in a chat with ET Now talks about TCS.

What exactly are you seeing on TCS? Does it have legs to go up ahead?

The stock has taken support near 690-695 after a 5-wave down move. The stock looks for a good corrective rally here and I will be cautiously bullish here for a target of 800. A stop loss of below 730 should be maintained.