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By EquityPandit

MARKET OUTLOOKSTOCK OUTLOOKTCS

TCS Outlook for the Week (February 19, 2024 – February 23, 2024)

TCS
TCS
TCS closed the previous week on a negative note losing 2.89%.

Technically, TCS share price will see immediate support at 4,061.87 and immediate resistance would be seen at 4,182.37.

If TCS share price closes below immediate support of 4,061.87, then sharp breakdown can be seen. TCS share price will see major support at 3,995.43 for the week.

4200.004200.004100.004100.004000.004000.003900.003900.003800.003800.003700.003700.003600.003600.00Jan 5Jan 5Jan 10Jan 10Jan 15Jan 15Jan 18Jan 18Jan 23Jan 23Jan 29Jan 29Feb 1Feb 1Feb 6Feb 6Feb 9Feb 9Feb 14Feb 14Reversal Level 4056.96BuyBuySell

On the positive side, immediate resistance will be seen at 4,182.37. Closing above 4,182.37, TCS share price will see a sharp breakout. Major resistance for TCS share price will be seen at 4,236.43 for the week.

Trading range for TCS share price for this week should be between 3,941.37 on down side and 4,302.87 on up side.

TCS Previous Week High: 4170

TCS Previous Week Low: 4049.5

TCS Previous Week Range: 120.5 Points

TCS share price support and resistance for the week (February 19, 2024 – February 23, 2024)

Level Type Value
Resistance 3 4,302.87
Resistance 2 4,236.43
Resistance 1 4,182.37
Support 1 4,061.87
Support 2 3,995.43
Support 3 3,941.37
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