Romil9

TCS 2250-2300

Long
NSE:TCS   TATA CONSULTANCY S
Comment: Back in 2016-2018 similar situation has occured , the price faced a strong resistance at the 1350-1400 resistance zone with support along the 2nd support line . As such after taking a support at the said zone stock price shot upto the resistance zone .
However in April 2018 the price sustained above 1350-1400 resistance zone and retraced after 1600 i.e after 200 points rise following which it continued to rise upto 2200 level where it faced a strong resistance similar to the previous one .

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Great👍
+1 Reply
credits:Ashish Singh
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