After negative sentiments market is trying to recover a bit and wrt. Titan the stock moves 8.3% last week (Mar 11 - Mar 17' 2022).
We can go for long if the stock breaks 2900.
TCS to be in range bound between 3400 - 3840.
We can look for shorting opportunity 3400PE and 3840CE with the assumption that it will range bound between the above said values.
This is only my research, please do research before investing.
Due to the uncertainty in the stock market, Gold and Silver raised to a greater extent.
If you are looking for shorting opportunity, then we have to wait for perfect time in which the market reverses.
This chart will gives you support and resistance for both long and short term.
Disclaimer :
Analysis are purely for educational purpose. Do not take any...
Support and Resistance for TCS - Feb 2022 Expiry
TCS is in range bound for a long period and it is expected to continue in the same range if we don't expect any violent move due to upcoming budget.
Trade with cautious !!
