mklives

TCS..weak..

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mklives Updated   
NSE:TCS   TATA CONSULTANCY S
TCS is near support but also weaking with resistance of a trendline and breaking below 200 dma.. over the history of the last few years, on daily charts it doesnt stay below 200 dma for a long time..it rebounds and goes sideways..

Comment:
as said..bounced from 200 dma after a brief downmove..

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