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IIT-Trader
Sep 10, 2023 2:39 AM

TCS--@Resistance Zone?? 

TATA CONSULTANCY SNSE

Description

This stock has encountered persistent resistance within the 3460 range on multiple occasions. On the flip side, the price has consistently found support along a trendline, leading to upward movements.

It's advisable to maintain a bullish perspective as long as the price remains above this trendline. However, exercise caution, as there's a possibility of a false breakdown below the trendline, which could mislead traders and necessitate a prudent approach before considering short positions.
Comments
IIT-Trader
what do you think about this idea??
basictradingtv
awesome work on TCS!
IIT-Trader
@basictradingtv Thankyou,mate
rkinspiro1
good 👍
AMIT-RAJAN
Excellent marking buddy, thanks for idea. Great work
IIT-Trader
@AMIT-RAJAN, thank you
CA_Pearl
Good Observation mate.Thanks for sharing.
Pixel-Trader
Thanks, mate, TCS will break the level at 3500 soon, and more buyness is observed.
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