Tata Consultancy Services shares are experiencing a short buildup. The medium-term trend is sideways to negative. ICICI Securities suggests a Short Iron Butterfly strategy. A positive result could trigger short covering, potentially reaching Rs 3,600. Negative results may add pressure. Support lies in the Rs 3,200-3,250 range. The short-term range for July is Rs 3,200 to Rs 3,700.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets