Wait and Watch for TCS: Deepak Mohoni

In a chat with ET Now, Deepak Mohoni, Director, trendwatchindia.com shares his views about Tata Consultancy Services Limited.

ET Now: What is the call on TCS?

Deepak Mohoni: TCS has reacted more sharply downwards whenever Infosys results come out. So, levels to watch out here is roughly 1050. Below that it goes into a 6-7-month low. If it holds out above that after the results then the stock is maintaining a sideways trend rather than an uptrend.