TheChartereds

TCS: Thy turkey is done? 🕒

Long
TheChartereds Updated   
NSE:TCS   TATA CONSULTANCY S
- The Age of the Indian IT sector seems to be coming back, with NDX gaining new momentum.
- This week was a good one for TCS
- It finally closed above its crucial resistance zone and the 3500 Mark
- It also broke the symmetric triangle formation, paving the way for future momentum.
-The next week will be crucial as the price spikes will sink in. The sustenance of the price will be crucial.
- We may witness some pullback/consolidation. A retest and continuation will only make the move stronger.
- If the price sustains, We may see a good 4000 level.

Caution: When the bull runs, everything seems lucrative. Being cautious always pays well. Remember, you will be buying the top.


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The price did not sustain above the 3500 level. Consolidation at the resistance level.
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