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Brokers Price target for TCS Rs 1650 (36) 09-Jun-08 04:35

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Posted by: IT_Bulls on ( 09-Jun-08 04:35 )
Price : BSE: Rs 959.60 ( -2.36 % ), NSE: Rs. 966.20 ( -1.59 % )
I think Infosys and TCS looked quite strong. Infosys now has strong support at around Rs 1,750 to Rs 1,800 and it is likely that it may cross Rs 2,000 in case the market finds support at 4,500 that is sort of a top pick. TCS at Rs 950-980 has a very strong support. These stocks are substantially above their previous March sort of lows. So they have good sector tailwind behind them and in sense if rupees stays out here I think these stocks have much further to go.

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