jackson_philips
Short

TCS - Most Probably Going Down

NSE:TCS   TATA CONSULTANCY S
TCS
66 3 3
tcs
TCS             - Most Probably Going Down
In my opinion TCS is Long due to following reasons:
1. Daily, weekly & monthly MACD is improving
2. RSI at good levels
3. Crossed 0.786 - 2629.83 on FIB retracement
Reply
According to me go long in TCS tgt 2650 and 2680 with SL 2580 SL
Reply
jackson_philips Baswaraj_1986
Baswaraj, there could be some fundamental reason why it could go up, however, I'm not aware of that.
Technically it does look like a short to me.

Could you post your reasons for why it would go long, it would be helpful to analyze it
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