A CUP & HANDLE IS BEING FORMED WITH A NECK LINE AT 2290 LVL.
ONCE IT IS CROSSED, THEN THE TCS SHARE PRICE SHOULD GO UP TO 2400 IN THE COMING DAYS / WEEKS.
CROSSING OF THIS LEVEL IS VERY IMPORTANT AS THE TRADED SHARES ARE OBSERVED DECREASING FOR THE LAST 10 DAYS (AVG. 19 LAKHS) BUT INCREASED RAPIDLY TO 28 LAKHS YESTERDAY (DEL 52%).
THE EFFECT OF USD/INR SEEMS TO HAVE ON THE SHARE PRICE. TRACK THE CURRENCY ALSO.
ONCE IT IS CROSSED, THEN THE TCS SHARE PRICE SHOULD GO UP TO 2400 IN THE COMING DAYS / WEEKS.
CROSSING OF THIS LEVEL IS VERY IMPORTANT AS THE TRADED SHARES ARE OBSERVED DECREASING FOR THE LAST 10 DAYS (AVG. 19 LAKHS) BUT INCREASED RAPIDLY TO 28 LAKHS YESTERDAY (DEL 52%).
THE EFFECT OF USD/INR SEEMS TO HAVE ON THE SHARE PRICE. TRACK THE CURRENCY ALSO.