HeshTechnicals

Friday, August 24, 2012

Technical Calls

Dear Friends,

Today I have given 2 stocks chart which 1 making 52 week high & 2nd making 52 week low. In such crucial move what we have to do? 
Bharti Airtel heavily sold from 400 to 260 & breaking 2 yr support 255 now trading at 248. 
Tcs is india's top IT company which currently trading at 1325 with new 52 week & All time high.

In  Bharti Airtel  who has old investment but still hold they can hold till SL 210 or buy till 190

Tcs who has old investment who can slowly trading with good gain with selling at higher & buying at lower with strict SL 1230. hard for any analyst for suggesting any TGT figure but Technically as per pattern it will maximum go up to 1525(approximately) if nifty also on verge breakout of 5450 then go to 5600+. Due to Nifty up move Tcs tgt can be possible. But due to high up move anytime selling pressure will come so continually watch VOLUME. Huge fund or FII or mutual fund can book profit at this level in TCS & increase stake in Bharti Airtel.

TCS:

Bharti Airtel:







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