Some of you have asked me about my views on TCS and INFY. TCS has gone ex dividend, and we could see some correction , but with the markets going up we could see it also recovering by 50 to 90 points soon, in the coming month.It will enter into a trading range before breaking out in march for the year end result.We can see it crossing 2350 by FEB end and finally reaching 2400 level by end march before the results.The results will be exceptional and finally allow it to break the 2500 level and go forward towards the 3000 level.The ride from 2500 to 3000 will be a faster one.
INFY is an entity one has to be careful in predicting over a quarter, given the variables in which the company operates in, yes, it will rise provided nothing adverse happens to the company , such as more exits, or get embroiled in activity which can be termed questionable and cut the momentum of the rise. It will enter into a trading range soon enough and then rise when the market enters the big ride up. We may see it close to 3850 to 3900 near results which will give its final push provided they have been able to deliver all what they have promised, this being the most important issue on the table.
INFY is an entity one has to be careful in predicting over a quarter, given the variables in which the company operates in, yes, it will rise provided nothing adverse happens to the company , such as more exits, or get embroiled in activity which can be termed questionable and cut the momentum of the rise. It will enter into a trading range soon enough and then rise when the market enters the big ride up. We may see it close to 3850 to 3900 near results which will give its final push provided they have been able to deliver all what they have promised, this being the most important issue on the table.