After
making a life time high in mid of October 2013, TCS was trading in a range
since last two and a half months. It seems now it is trying to breaking out of
the range for new highs. TCS closed
at 2179.75. A lion heart trader can
initiate a long position for the target of 2250. Since it is trading on the highest
levels, one should be very cautious and keep a tight Stop Loss of 2145 on
closing basis.
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