Tata Consultancy Services Limited
לונג

TCS Set for Major Breakout as It Tests Key Resistance Levels

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✅ **The stock** has been trading within an ascending channel supported by a strong 4.6-year-old trendline, indicating consistent bullish momentum.

✅ **Recently, TCS** is testing a crucial 3-year-old resistance level at ₹4300. A breakout above this level can signal the start of a significant upside movement, potentially leading to new highs.

✅ **The 100 EMA** is acting as strong support, helping to maintain the bullish structure. The stock remains above this key moving average, which aligns with the lower trendline support, making it a solid area for accumulation.

✅ **Watch for** a breakout above ₹4300. If TCS sustains above this level, it may rally further.

כתב ויתור

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