Thomas Cook (India) Ltd.
The stock price clearly maintaining a downtrend with negative momentum.
Technically there is no indication for a positive reversal witnessed yet.
On the higher side 34.50 - 35.70 are strong resistances. On the lower side 27.50 - 28.50(5Ma) likely to act as supports.
A breakdown below 27 can further increase weakness on the lower side further.
KEEP AN EYE!! #B-
#tradingedge_academy #SMTA_Institute
The stock price clearly maintaining a downtrend with negative momentum.
Technically there is no indication for a positive reversal witnessed yet.
On the higher side 34.50 - 35.70 are strong resistances. On the lower side 27.50 - 28.50(5Ma) likely to act as supports.
A breakdown below 27 can further increase weakness on the lower side further.
KEEP AN EYE!! #B-
#tradingedge_academy #SMTA_Institute
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Garey
Whatsapp - +91 9999 504 500
Garey
Whatsapp - +91 9999 504 500