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Monday, June 16, 2014

16-6-2014 - TCS



            TCS closed at 2276.15. It has given a small breakout. Please refer the chart below for better understanding. Looking at the market condition, it is very difficult to go long in index heavyweight but our rule says, every breakout is worth taking a chance to trade. One can
initiate a long position in this stock for the targets of 2340 and 2380 / 2400. A closing basis Stop Loss must be followed of 2210 / 2200.



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