TCS Weekly Outlook and Analysis:
For the Week: (July 25, 2022 – July 29, 2022)
BSE: 532540| NSE: TCS | ISIN: INE467A01029 | SECTOR: I.T
Tata Consultancy Services closed the Weekly on Positive Note gaining 5.89%
TCS Share Price: 3171
Weekly High: 3197
Weekly Low: 3014.30
Weekly Range: 176.40 Points
Weekly Support & Resistance For TCS:
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 3057 levels, Minor resistance on the upside is capped around 3240 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 @ 2944 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 @ 3310
Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit predicts range for the Weekly as 3310 on upside and 2944 on downside.