Tuesday, 22 September 2009

Above Rs 560, TCS can head up to Rs 650: Gujral

Gujral told CNBC-TV18, "ITC has been between Rs 222 and Rs 245-250 kind of range and it will make a significant move only above Rs 250."

He further added, "Technology stocks are showing some kind of strength, but they are also reaching their targets. So TCS probably if it can stay above Rs 560, it could get up to Rs 650 but Infosys getting up to Rs 2,400, TCS moving towards Rs 600-650; they are getting to the top end of their ranges, getting very close to targets, so its time to probably take some money off over there as well."

Source: Moneycontrol

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