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L&T Technology Services (LTTS)
BUY
Buy Above: Rs 3,200
Target: Rs 3,450
Stop Loss: Rs 3,050
Similar to other IT stocks, LTTS too has been trading in a bit of oversold conditions. On the daily chart, the price structure indicates that the stock is on the verge of a breakout which resembles an inverse head and shoulder pattern. The breakout would be confirmed above Rs 3,200 mark.
Thus, we advise traders to buy the stock above Rs 3,200 for an upside target of Rs 3,450 in the coming sessions.
TCS
BUY
Buy Near: Rs 3,050
Target: Rs 3,200
Stop Loss: Rs 2,950
TCS has been an outperformer during the recent crack in
