Tcslong
TCS taking good support at the runaway gapTCS has tested the runaway gap created multiple times and managed to get good support on the down side.
On the up side however, it is finding it hard to break the trendline and is consolidating in the range. Please note that the volumes are also an indication that the consolidation is happening. NSE:TCS
This is a good buy on dips stock. The support seems to be very strong at 2598 levels.
Please like and follow.
TCS : Long SetupNSE:TCS
Hi Traders,
TCS remained range-bound throughout month and it has started moving in upward direction with upward price channel.
Entry and target level on chart.
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TCS - Sky is the limitNote: This is for educational purpose only.
TCS has broken out all time high with increase in volume and post formation of tight build up near a very strong resistance. I feel the only way from here is up for TCS. RSI is at 70 which indicates bullish momentum but slightly overbought. Expect a side ways movement before the next upmove.
TCS | BUYThe stock of TCS is currently testing the support around ₹2,240 area. Incidentally, the support is made stronger by the rising trend line on the back of which the stock has bounced several times since April. Likewise, the stock can take support at this level and resume its uptrend in the forthcoming sessions. So, stay bullish.