ata Consultancy Services (TCS) is showing strong support near ₹3360 levels. A potential breakout will be confirmed if the price sustains above ₹3700. Currently, the stock is facing key resistance zones between ₹3512 and ₹3525. A successful close above these levels may lead to strong bullish momentum. 📌 Key Levels: Support: ₹3360 Resistance Zones: ₹3512 –...
📊 Trend and Candle Pattern: • The stock showed strong recovery between March and April. • There was a bullish rally from April to May, reaching highs above 3600. • After hitting resistance, it has seen a minor correction and is now trading around 3436.40. 🔴 Moving Average (Likely 200-DMA): • The red line on the chart appears to be the 200-day moving average...
🕒 Timeframe: Daily | Symbol: NSE:LICI LIC stock is currently showing a consolidation pattern after a decent rally from previous lows. Price action suggests that the stock is preparing for a directional move. Traders should keep an eye on the following critical levels: 🔹 Support Zone: ₹807 – ₹830 This range has held strong multiple times, indicating buying...
It appears that INFY (presumably Infosys Limited, a major IT services company) is approaching a breakout level at 1490. A breakout is a technical analysis term that refers to a security's price movement through a historical resistance level, typically followed by increased volatility and trading activity.