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1. Have Faith 🙏   I Like It. |Report Abuse|  Link|February 21, 2022 6:50:14 PMReply
@lokes bro what will u do with your shares ....will u sell them tomorrow or day after tomorrow to buy back again ..or u will continue to hold irrespective of price movement...thanks
1.1. Team Chittorgarh.com   I Like It. 1|Report Abuse|  Link|February 21, 2022 8:26:24 PM
@Have Faith,
Though this question is for lokes sir, we would like to add our thoughs.

It's a difficult situation among the analyst community regarding what to do tomorrow.

Should you hold or exit at whatever price you are getting?

1. No one in their wildest dream expected that TCS stock will react the way it reacted today and in the last few days.

2. Looking at the last few day's behaviors, it seems the stock is heading downwards. How much it will go down is a million-dollar question.

3. We expect a huge selling pressure tomorrow at least.

4. One common view we have heard is that this company has a great future and long-term holding will result in 20% yearly gains.

Overall, we don't think it's a bad idea to exit tomorrow and enter again in chunks. We may be wrong :(
1.2. lokes   I Like It. |Report Abuse|  Link|February 21, 2022 9:31:57 PM
@have faith: as i mentioned earlier, selling tomorrow may be riskier and may depend on broker too so better everyone should be sure about his broker that the broker will not remove shares by 23rd evening if they sell tomorrow (as it happens with some broker) then you may not be eligible for buyback. But if broker is removing shares from your demat on 24th then its fine. Selling on 23rd will be safe in all cases normally.
In my opinion, from some weeks, tcs was holding above 3700 due to buyback only, and in next 2 days it should go down upto 3550-3600 at least minimum, rest depends on market movement also.
And I will keep holding my shares and will not sell them in next 2 day and i may buy some shares if getting around/below 3500 rs on/after 23rd feb and then i may sell later, whatever buying extra, if getting price around 3900.