January 11, 2013

TCS Chart analysis


  • TCS Testing 200 Day SMA.
  • Weekly chart forming a bearish engulfing pattern, Bears need a close at the current levels or lower to confirm the pattern.
  • Price is also near 50 Week SMA and an up trend line which may try to save bulls from a bigger correction.
  • TATA MOTORS TARGET LINE
-->


No comments:

Post a Comment