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Forceindex

TCS faced Resistance at Higher level & Indicator turn negative Hi Trader, TCS faced Resistance at Higher level (see chart) & Indicator also turn negative as well. Bearish view due to below point: 1) TCS faced Resistance at Higher level 2260-2290. Got 3 times reverse from there. 2) TCS will major support at 2030 -2050 price range for good risk reward trade. 3) Big Bearish Engulfing candle form at daily chart . 4) Bearish Engulfing candle form with high volume more than 20 day average. See chart for more detail What Indicator are saying: 1) RSI gone below 50 level . Bear will more control stock now. 2) Force Index oscillator gone below zero level mean bearish trend. Happy Learning ); Disclaimer : This is post only for educational purpose . Do your analysis before taking position or trading.
NSE:TCSShort
by karanwealthape
22

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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