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Check TCS Full Analysis At Unicorn Signals
TCS Weekly Outlook and Analysis:
For the Week: (Aug 15, 2022 – Aug 19, 2022)
Check TCS Full Analysis At Unicorn Signals
BSE: 532540| NSE: TCS | ISIN: INE467A01029 | SECTOR: I.T
Tata Consultancy Services closed the Weekly on Positive Note gaining 1.08%
TCS Share Price: 3401
Weekly High: 3428.70
Weekly Low: 3335
Weekly Range: 36.50 Points
Weekly Support & Resistance For TCS:
| RESISTANCE 2 | 3481 |
| RESISTANCE 1 | 3441 |
| SUPPORT 1 | 3348 |
| SUPPORT 2 | 3295 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 3348 levels, Minor resistance on the upside is capped around 3441 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 @ 3295 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 @ 3481
Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit predicts range for the Weekly as 3481 on upside and 3295 on downside.
