TCS

٥ مايو

1. A Major breakdown after making the all time high, stock is now trading near 200 EMA.

2. Also if we draw Fib extension from previous downtrend of October 24 3650-3750 can act as a major support in coming days.

3. If you recognize we have a bear flag formation at top that also suggest a pullback from 3650.

Keep tracking the stock with IT Index to see for a fresh entry.