Tata Consultancy Services Ltd. - WEEKLY
Tata Consultancy Services Ltd.
It was trading within INSIDE BAR pattern for the last 4 trading weeks. It gave a upward breakout this week.
Technical Indicators are mildly BULLISH.
If the price trades above weekly high (2081), the next resistance is swing high (2260) & the Technical support is Inside bar low 1825 on Weekly Chart.
Nearby resistance is 50 day SMA (2064).
If price closes above 50 day SMA, the next resistance is swing high (2285) and support is Inside bar low 1825 on weekly chart.
KEEP AN EYE!! #B+
#tradingedge_academy #SMTA_institute
It was trading within INSIDE BAR pattern for the last 4 trading weeks. It gave a upward breakout this week.
Technical Indicators are mildly BULLISH.
If the price trades above weekly high (2081), the next resistance is swing high (2260) & the Technical support is Inside bar low 1825 on Weekly Chart.
Nearby resistance is 50 day SMA (2064).
If price closes above 50 day SMA, the next resistance is swing high (2285) and support is Inside bar low 1825 on weekly chart.
KEEP AN EYE!! #B+
#tradingedge_academy #SMTA_institute
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