TCS - Old Support 2510-2535- Can it Support Again for 2600-2625

TCS got the contract for Rs 1,23,750 that doesn't mean that you will sit & don't work. Sitting idle & not working will make you lazy -that's the reason for its fall from 2708 highs.

It has revisited to 2510-2535 important zone as stated earlier. Holding this zone if it bounces above 2530 & crosses 2555 as well then it can touch 2600-2625 target zone.

Going below support zone of 2510-2535 or sustaining below that zone can put the stock in pressure.

Target Zone - 2600-2625 if bounces above 2555 -Best entry will be in the support zone as shown holding 2500 on downside.

Previous Update - TCS bags Channel Contract at Rs 1,23,750

Trade closed manually:

11:11 Hrs 18th June2017

Last Price@2399

It just went to 2547 below 2555 which was close -did not cross & continued it's fall.