TCS made a Head and Shoulder pattern on its daily chart. It made the top with a close at ₹ 2567.50. The neckline came at ₹ 2405.10. TCS broke the neckline today with a long red candle and closed 2.7% down. Also the Chaikin Money Flow indicator is in negative territory near its lower range. This suggest a selling pressure on the stock.
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