Reliance Securities has recommended TCS and Divis Laboratories as intraday technical picks:
The stock broker said, ''Long position can be initiated in TCS in Rs 2,550-2,530 range for target of Rs 2,640 with a strict stop loss of Rs 2,510. Traders are advised to avoid early morning whipsaw.''
On Divis Lab, the broking firm said, ''Short position can be initiated only in Rs 2,250-2,280 range for target of Rs 2,150 with a strict stop loss of Rs 2,300. Traders are advised to avoid early morning whipsaw.''