TATA CONSULTANCY SERVICES (TCS)
- As per weekly chart stock moving up from strong trend line support zone, this indicates bulls will be favored as long as stock holds above.
- Stock also moving up from 50 weeks moving average and also from previous resistance which is acting as a major support, this will favor bulls.
- If stock moving up from current levels then stock will find next strong resistance around 2485, 2530 and 2570, levels as per fibonacci retracement.
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