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By EquityPandit

MARKET OUTLOOKSTOCK OUTLOOKTCS

TCS Outlook for the Week (May 06, 2024 – May 10, 2024)

TCS
TCS
TCS closed the previous week on a negative note losing 2.97%.

Technically, TCS share price will see immediate support at 3,783.10 and immediate resistance would be seen at 3,898.65.

If TCS share price closes below immediate support of 3,783.10, then sharp breakdown can be seen. TCS share price will see major support at 3,722.80 for the week.

4300.004300.004250.004250.004200.004200.004150.004150.004100.004100.004050.004050.004000.004000.003950.003950.003900.003900.003850.003850.003800.003800.003750.003750.00Mar 18Mar 18Mar 21Mar 21Mar 27Mar 27Apr 2Apr 2Apr 5Apr 5Apr 10Apr 10Apr 16Apr 16Apr 22Apr 22Apr 25Apr 25Apr 30Apr 30Reversal Level 3899.37BuySellSell

On the positive side, immediate resistance will be seen at 3,898.65. Closing above 3,898.65, TCS share price will see a sharp breakout. Major resistance for TCS share price will be seen at 3,953.90 for the week.

Trading range for TCS share price for this week should be between 3,667.55 on down side and 4,014.20 on up side.

TCS Previous Week High: 3893.6

TCS Previous Week Low: 3778.05

TCS Previous Week Range: 115.55 Points

TCS share price support and resistance for the week (May 06, 2024 – May 10, 2024)

Level Type Value
Resistance 3 4,014.20
Resistance 2 3,953.90
Resistance 1 3,898.65
Support 1 3,783.10
Support 2 3,722.80
Support 3 3,667.55
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