TCS can touch 2000 in April

2. TCS moving within a channel since 2nd week of march.
3. It broke a sub channel and 20 ema on 1st of April but found support at lower boundary of bollinger bands.
4. TCS now trading above 20 EMA and since bollinger bands are contracting a brekout is eminent in few trading session.
5. For coming week 1700 will act as strong support. go long above 1800, short below 1700.
Chart PatternsTechnical IndicatorsITNIFTYTCSTrend Analysis

Haftungsausschluss