TCS looks trending down to 2900-2950 levels where it had taken support twice earlier. 200WMA along with AVWAP from COVID lows will act as a strong barrier. A closing below this region will take this stock to a gap area of 2550-2600. Below this there is a strong support at 2300 levels. Looking at the kind of events who knows we may see this mouthwatering level.
There is also a swing trading opportunity at 2900 levels and unless 3575-3600 levels are taken out on a WCB we may see sideways action continuing between these levels.
There is also a swing trading opportunity at 2900 levels and unless 3575-3600 levels are taken out on a WCB we may see sideways action continuing between these levels.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.