TCS:
TCS has shown a sharp pull back from the support of its 50-DMA this week. RSI too has bounced back from the support levels of 40. We recommend traders to buy the stock above Rs1, 054 with stop loss of Rs1, 027 for target of Rs1, 080 to 1100 levels.
PANACEA BIOTECH:
Panacea Biotech, which has closed at 202.40 in the last trading session, we recommend buying this stock in the range of 205 to 208 with strict stop loss of 192 for targets of 215-225 in the next few trading sessions.
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