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By EquityPandit

MARKET OUTLOOKSTOCK OUTLOOKTCS

TCS Outlook for the Week (May 20, 2024 – May 24, 2024)

TCS
TCS
TCS closed the previous week on a negative note losing 3.16%.

Technically, TCS share price will see immediate support at 3,791.07 and immediate resistance would be seen at 3,916.07.

If TCS share price closes below immediate support of 3,791.07, then sharp breakdown can be seen. TCS share price will see major support at 3,748.03 for the week.

4100.004100.004050.004050.004000.004000.003950.003950.003900.003900.003850.003850.003800.003800.003750.003750.00Apr 3Apr 3Apr 8Apr 8Apr 12Apr 12Apr 18Apr 18Apr 23Apr 23Apr 26Apr 26May 2May 2May 7May 7May 10May 10May 15May 15Reversal Level 3947.68BuySellSell

On the positive side, immediate resistance will be seen at 3,916.07. Closing above 3,916.07, TCS share price will see a sharp breakout. Major resistance for TCS share price will be seen at 3,998.03 for the week.

Trading range for TCS share price for this week should be between 3,666.07 on down side and 4,041.07 on up side.

TCS Previous Week High: 3955

TCS Previous Week Low: 3830

TCS Previous Week Range: 125 Points

TCS share price support and resistance for the week (May 20, 2024 – May 24, 2024)

Level Type Value
Resistance 3 4,041.07
Resistance 2 3,998.03
Resistance 1 3,916.07
Support 1 3,791.07
Support 2 3,748.03
Support 3 3,666.07
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