Stock Market Chart Analysis
My blog tries to Analyse the trend and patterns of stocks, Futures, Commodities and Forex Markets
May 9, 2013
TCS Chart update
TCS is approaching 50 day SMA and Golden ratio as shown in daily time frames.
Weekly chart is at 5 Week High ema.
Weakness at these levels may give short trade. Weekly close above 5 Week High EMA May favor bulls to extend the bounce.
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