nano6yogesh

TCS - Topped out ?

Short
NSE:TCS   TATA CONSULTANCY S
After a long uptrend, TCS NSE:TCS appears to have formed a Double Top today, facing stiff resistance around 3600 levels.

I can also see a Bearish engulfing candle at the top with RSI showing negative divergence.

Took short positions today with a target in the 3150 – 3200 zone.

Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.

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