TATA CONSULTANCY SERVICES BOUNCING BACK

TCS has taken support at 1365 (at its previous trend line resistances) is  bouncing back. Heading towards 1500.

VIEW ON L & T for 02.05.2013

L & T facing resistance. More downside is expected.

NIFTY TECHNICAL VIEW FOR 02.05.2013

Nifty (CMP 5930) is showing a possible evening star pattern on 02.05.2013. If Nifty comes down, it may head towards 5755. Stochastic also signalling the reversal for Nifty.