December 26, 2012

TCS Chart analysis

 
  • TCS is rising towards resistance line and 50 Day SMA a possible confluence of resistance.
  • Price in weekly chart is trying to form a bottom near Weekly lower bollinger band and the up trend line shown in last chart.
  • This can go either way so its better to wait for the contraction pattern shown in last chart to get resolved before taking a position.
  • RISING WEDGE OF HDIL
  • NIFTY 50 STOCKS FREE LIVE CHARTS
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