TCS is reversing and going towards
downward levels. It has closed today at 2042.55. Today it is 6 % down. This stock
has given a strong decision bar which clearly indicates a downward pressure. Ideally
speaking, this stock is a perfect candidate for a short selling opportunity. Since
it has come down almost 8 / 9 % past few days, there
is a risk in going short. Still
any brave heart traders can go definitely short for the targets of 1975 and
1910. A strict Stop Loss must be maintained at 2115.
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