TCS Weekly Outlook and Analysis:
For the Week: (July 31, 2023 – August 04, 2023)
TCS closed the previous week on a negative note losing 2.63%
Technically, TCS share price will see immediate support at 3,317.32 and immediate resistance would be seen at 3,407.17
If TCS share price closes below immediate support of 3,317.32, then sharp breakdown can be seen. TCS share price will see major support at 3,279.23 for the week.
On the positive side, immediate resistance will be seen at 3,407.17. Closing above 3,407.17, TCS share price will see a sharp breakout. Major resistance for TCS share price will be seen at 3,458.93 for the week.
Trading range for TCS share price for this week should be between 3,227.47 on down side and 3,497.02 on up side.
TCS Previous Week High: 3420.85
TCS Previous Week Low: 3331
TCS Previous Week Range: 89.85 Points
TCS share price support and resistance for the week (July 31, 2023 – August 04, 2023)
Level Type | Value |
---|---|
Resistance 3 | 3,497.02 |
Resistance 2 | 3,458.93 |
Resistance 1 | 3,407.17 |
Support 1 | 3,317.32 |
Support 2 | 3,279.23 |
Support 3 | 3,227.47 |