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nextgen
Nov 8, 2016 4:13 PM

TCS on the edge can go either way 

TATA CONSULTANCY SNSE

Description

TCS's down trend journey from 2750.00 to 2253.00 seem to be looking further downward from here to a target of 2171.00, the stock has also been under pressure since Misrty's ouster.Trader may go short in TCS if it breaks the 2253 level on wednesday, if broke further down ward will confirm and short below 2250.00 or on the alternative scenario it may touch 2320-25,if breaks this level then up trend will resume.
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