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Buy ITC and TCS, says Manoj Murlidharan of Religare Securities

Updated : January 03, 2019 09:34 AM IST

The latest analysis and commentary by stock market guru Manoj Murlidharan, VP-derivatives at Religare Securities on what is moving the markets today.

He shared his views and readings on ITC and Tata Consultancy Services (TCS).

Talking about ITC, he said, “For a short-term, I would advise buying around Rs 280, keep a stop loss of Rs 274 odd on that and we are expecting the first move or a distribution of Rs 293 on that.”

“We are seeing some good buying happening in the IT stocks so we would recommend buying TCS at Rs 1,920 with a stop loss of Rs 1,900 and a target close to Rs 1,980 is very much possible on the stock,” he added.

Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
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