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Discussion in 'Technical Analysis' started by siva934127, Jan 18, 2014.

  1. siva934127

    siva934127 Member

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    Hi Shabbir,

    Did you expect friday's move about TCS?

    Why this much loss 6% (Blood Bath) in this stock TCS?

    Can expect short covering may happen on monday?

    Please let me know.


    Thanks,
    Siva.
     
    siva934127, Jan 18, 2014
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  2. shabbir

    shabbir Administrator Staff Member

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    Something is happening and I would not try to read what but its time to be out of this stock in the pull back if any on Monday.

    I think the results may not be as good as expected or something which will unfold soon.
     
    shabbir, Jan 18, 2014
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  3. saptarshi_sachin

    saptarshi_sachin Responder

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    Results were not that "shining" good and TCS had moved up a lot before results on expectations.

    That might be the reason of this fall, but as Shabbir said, there could be something else also which could unfold soon.
     
    saptarshi_sachin, Jan 19, 2014
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  4. madhusudhanps

    madhusudhanps Member

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    Now what to call today's move :)
     
    madhusudhanps, Jan 20, 2014
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  5. shabbir

    shabbir Administrator Staff Member

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    Pull back
     
    shabbir, Jan 20, 2014
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