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TCS

TCS Outlook for the Week (Dec 13,2021 – Dec 17,2021)

TCS Weekly Outlook and Analysis:

For the Week: (Dec 13,2021 – Dec 17,2021)

BSE: 532540| NSE: TCS | ISIN: INE467A01029 | SECTOR: I.T

Tata Consultancy Services closed the Weekly on Negative Note Losing 0.10%

TCS Share Price: 3636.80

Weekly High: 3658

Weekly Low: 3522

Weekly Range: 136 Points

Weekly Support & Resistance For TCS:

RESISTANCE 23740
RESISTANCE 13688
SUPPORT 13550
SUPPORT 23470

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 3550 levels, Minor resistance on the upside is capped around 3688 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 @ 3470 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 @ 3740

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts range for the Weekly as 3740 on upside and 3470 on downside.

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