TCS has support at Rs 420-440: Gujral

Technical Analyst, Ashwani Gujral is of the view that TCS has support at Rs 420-440.

Gujral told CNBC-TV18, "Although Infosys is holding Rs 1,050 is looking like it will get into triple digits quite soon. On the upside Rs 1,250 seems to be a support. For TCS Rs 420-440 is a support, but oncs that will get broken then it will head down to levels of Rs 300-320."

He further added, "Wipro had a big move on Wednesday, and now it seems to be headed towards Rs 180-185. So, this is a weak group and probably one that needs to be ignored. The large stocks are giving you those dome type of bearish formations. I hope they get cancelled because that will have implications for the market."