TATA CONSULTANCY LTD
Open---3225----High---3228.80---Low—3187---Close---3189.90 on 18.7.2025.
Technically it is on an extremely weak footing and if it remains below 3260 on the closing basis then it is likely to come down to 2926, it is a strong bounce back point, but if it moves below it then it will slide down further and then the worst price for the stock as of now seems to be in the range of 2600---2350(range may change). Similarly if it moves above 3260 and sustain on the closing basis then it will raise some hope for moving up further and if it moves above 3419 and sustain on the closing basis then it is likely to extend the up-move.
NOTE: - DO NOT INVEST OR TRADE
WITHOUT STOP LOSS.
NOTE: - It is a technical assessment of the stock as of now, the
technical interpretation changes with the price movement and time, therefore it
has to be reviewed at regular intervals, furthermore investors are advised to look into
fundamental, financial details of the company because that too keeps on
changing and last but not the least management perception for the future of the
company before taking investment decision.
Disclaimer:-The view expressed here are solely of the author and he is not at all responsible in any way for the outcome of the trade you enter based on the above view. It is for the educational purpose.
Kindly note that make your cost your stop loss in favorable trade and then trail it as the price move up/down to gain maximum profit and avoid losses. Use support and resistance levels as entry, exit, target and trailing stop loss points. DO NOT TRADE WITHOUT STOP LOSS.
Note: Price stated here are of spot market.
Contact me for strategic guidance to enter and
exit trade.
Thanks
Narendra Kumar Surana
Mobile—8240951127/9831313654.
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Thank you for sharing your views.