September 24, 2012

TCS Bearish Engulfing and Support levels

  • TCS Weekly chart shows a bearish engulfing pattern.
  • Price is near a crucial support level between 1280 - 1300 and also near an up trend line
  • Fall of last week led the stock towards its 50 Day SMA were the fall has taken a pause for now.
  • CNX IT CHART ANALYSIS
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