is showing a clear divergence with the price which means momentum is not favoring the bulls in here.
As I said earlier, any investor would bet on IT right now(Fundamentals are strong) but traders look at charts and that's it.
Divergence in and a strong resistance. Looks like Bulls will take a halt for some time.
There is a clear and strong uptrend. Stock will sooner and later pick up but for the short term, Bears will try their hands on it.
There is a lot of trading opportunity in here. Keep a track of #TCS. Sharing my previous idea down below for reference.
Follow your own analysis while trading.