pchere

TCS: 1.5 Year Cup Handle Breakout

Long
pchere Updated   
NSE:TCS   TATA CONSULTANCY S
TCS this week is trying to break out of a cup and handle pattern lasting 1.5 years. Volume and RSI is high this week. Coinciding with breakout in other tech stocks and CNXIT. Important it stays along with tech sector above the breakout level over next few weeks to sustain rally.
Comment:
The breakout is continuing and sustaining for the last few days.
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