Double bottom formed in TCS. Long

TATA CONSULTANCY SNSE

Description

⋅ Apr 3, 2022 7:07 AM

In weekly T/F double bottom has formed stock can seek new highs from here 4500-4800.One can keep Stop loss of 3300.NSE:TCS

Chart Patterns

Comments

anandraogsi

⋅ Apr 8, 2022 2:51 AM

Double bottom is valid only when there is a prolonged downtrend. it has no significance if appeared in the middle of up trend. Its just a minor sideways movement.

vvminvestovison

⋅ Apr 8, 2022 3:34 AM

@anandraogsi thanks for the update mate