15-03-2024 10:01 AM | Source: Religare Broking
Stock of the day :Tata Consultancy Services Ltd For Target Rs. 155 - Religare Broking

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Tata Consultancy Services Ltd

* We are seeing decent traction the IT space and TCS is leading from the front.

* It has been in a steady uptrend from last more than 5 months and currently trading near record high levels.

* It has witnessed a fresh breakout from the consolidation range suggests price to scale higher towards the upper end of the upsloping channel line.

* We thus recommend creating longs through the Call option.

BUY Tata Consultancy Services Ltd CMP 91.60 Range 90-92 SL 58; Target 155

 

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