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IT companies

Discussion in 'Technical Analysis' started by sumtya15, Mar 4, 2013.

  1. sumtya15

    sumtya15 New Member

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    hi sahbbir,

    I think, technically this a good time to buy IT companies (TCS, INFY, WIPRO) from a 5-9 month perspective.

    Wanted your view on the same...
     
  2. shabbir

    shabbir Administrator Staff Member

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    Yes they are forming great breakout patterns. The best among the lot is TCS technically
     
  3. sumtya15

    sumtya15 New Member

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    HCL tech

    hi shabbir. thnx for your reply yest on IT cos.
    i also think HCL tech is a good buy for a short term with a target of
    about 780. what do u think about it, is it a good entry point around 715.
     
  4. shabbir

    shabbir Administrator Staff Member

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    Yes but make a stop loss of 690 for short term trade and 660ish for long term trade.
     
  5. viraf53

    viraf53 New Member

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    I would add Tech Mahindra to above list. Am I right Shabbir.
     
  6. shabbir

    shabbir Administrator Staff Member

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    Just list is not bad still you should add entry and exit points as well.