After having down fall from 748 its been consolidating in the trend line 2023 to 24sept. Recently the price has broken the trend line and going up, the price is above 50 ema and also 50 ema cross over 200 ema. wright now the price has taking the support of 50 ema. the stoploss mentioned in the chart by red line and 503 and 536 is the worst case. target will be...
As of recent 1714. it respect long term trend line. also from 2021 it respect a rectangular momentum .i have shared the charts. 1550 is the first resistance if it sustain above that point can go up to 1700 range
As per analysis TCS showing good swing opportunity. TCS was trading in an parallel channel, now price is near by support, after touching support with inverted hammer and formed reverse double bottom. fib retracement shows it was a good retracement, so price can go up to the same length of fib retracement .
assume resistance in 50 sma, between 3800-3900, and...
