sankatradesindia

Will TCS again rebound from the support of the gap?

Short
NSE:TCS   TATA CONSULTANCY S
TCS had created a runaway gap that it has managed to use as support to rebounce from multiple times as indicated in the chart.
This time around, will it take support and bounce back as it did previously? Or will it break down?

Keep this on radar. It could give opportunities on both sell and buy side.

Like and Follow please :)

As a trader, how would you treat this setup? Key in your inputs. For me, an option strategy can be used.

TCS
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.