TCS Set for Major Breakout as It Tests Key Resistance Levels
✅ **The stock** has been trading within an ascending channel supported by a strong 4.6-year-old trendline, indicating consistent bullish momentum.
✅ **Recently, TCS** is testing a crucial 3-year-old resistance level at ₹4300. A breakout above this level can signal the start of a significant upside movement, potentially leading to new highs.
✅ **The 100 EMA** is acting as strong support, helping to maintain the bullish structure. The stock remains above this key moving average, which aligns with the lower trendline support, making it a solid area for accumulation.
✅ **Watch for** a breakout above ₹4300. If TCS sustains above this level, it may rally further.
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A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
Join our community in telegram for real time updates --- telegram.me/marketiik
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A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
Telegram- telegram.me/marketiik
A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
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