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Check TCS Full Analysis At Unicorn Signals
TCS Weekly Outlook and Analysis:
For the Week: (Oct 17, 2022 – Oct 21, 2022)\
Check TCS Full Analysis At Unicorn Signals
BSE: 532540| NSE: TCS | ISIN: INE467A01029 | SECTOR: I.T
Tata Consultancy Services closed the Weekly on Positive Note Gaining 0.13%
TCS Share Price: 3099.15
Weekly High: 3150
Weekly Low: 3005
Weekly Range: 4.15 Points
Weekly Support & Resistance For TCS:
| RESISTANCE 2 | 3229 |
| RESISTANCE 1 | 3164 |
| SUPPORT 1 | 3019 |
| SUPPORT 2 | 2939 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 3019 levels, Minor resistance on the upside is capped around 3164 levels.
If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 2939 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 3229
Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit predicts range for the Weekly as 3229 on upside and 2939 on downside.
