Mr_Financial_Literate

TCS : Complete Price action analysis

Long
NSE:TCS   TATA CONSULTANCY S
TCS is in a very good support zone.

Trend Line: On daily Time Frame price is on the Trendline which acts as a support.

EMA Support: Price is taking Support on 100days EMA

Candle Stick: Hammer Pattern is formed after the fall from high price which indicates a reversal.

Stochastics: Has just moved from an oversold region which indicates further buying.




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