TCS will head closer to 1020 to 1050: Ashwani Gujral, Fund Manager, Ashwanigujral.com
Chances are that TCS will head closer to 1020 to 1050. It has already found resistance at higher levels.
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| Updated: In a chat with ET Now, Ashwani Gujral, Fund Manager, Ashwanigujral.com, gives his views on TCS.
ET Now: TCS ahead of earnings what is your call on that one?
Ashwani Gujral: IT space has weakened quite a bit unless TCS comes with some kind of magical numbers. It has broken below a trend line which was crossing at about 1150. So, we just saw some kind of a two-three day pullback and chances are that TCS will head closer to 1020 to 1050. It has already found resistance at higher levels.
ET Now: TCS ahead of earnings what is your call on that one?
Ashwani Gujral: IT space has weakened quite a bit unless TCS comes with some kind of magical numbers. It has broken below a trend line which was crossing at about 1150. So, we just saw some kind of a two-three day pullback and chances are that TCS will head closer to 1020 to 1050. It has already found resistance at higher levels.
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