TCS

The reversal from Bearish Shark has retraced by 50% and has opened up the probability of a Bullish 5-O here which is giving targets of 2400-2450. View would negate below 2050. As per Ichimoku also it has good support between 2100-2060.

Kommentar:

Short term resistance here at 2175-2195, once taken out further upside. Support moves up from 2045 to 2080.

Kommentar:

Seeing some profit booking near the short term resistance. Support now at 2140-2120