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Wednesday, August 4, 2010

TCS

Call for TCS
Short sell tcs its currently trading at 874 range.Try to sell the future as lot size is 500 so you can get more gains for it.Sell at current levels target for the sell is 840. On the upper side the breakout level is 880.It already touched 880 this morning but was not able to sustain because market is not expected to running wild or positive for long term.The downside is big time on the cards,so just sell TCS at this level and enjoy profits.But keep an eye on the higher leve ie 880 if it crosses that then it may reach 900 levels but once it crosses below 870 next immediate target would be 850 followed by 840.Market will also support for the cause as upper side is very minimal at this point when compared to downside.

cheers