Signals, Powered By EquityPandit
TCS Weekly Outlook and Analysis:
For the Week: (Jan 17,2022 – Jan 21,2022)
BSE: 532540| NSE: TCS | ISIN: INE467A01029 | SECTOR: I.T
Tata Consultancy Services closed the Weekly on Positive Note Gaining 2.98%
TCS Share Price: 3968.15
Weekly High: 3978
Weekly Low: 3836.55
Weekly Range: 141.45 Points
Weekly Support & Resistance For TCS:
| RESISTANCE 2 | 4070 |
| RESISTANCE 1 | 4020 |
| SUPPORT 1 | 3876 |
| SUPPORT 2 | 3785 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 3876 levels, Minor resistance on the upside is capped around 4020 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 @ 3785 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 @ 4070
Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts range for the Weekly as 4070 on upside and 3785 on downside.
