TCS double top formation.
TCS made a double top .
Resistance & support drawn and marked.
Downfall has taken a pause here as circled.
Most likely if it breaks the support line then the fall will continue till the target line and resistance is broken(unlikely) you will get another 10 its rally.
Keep trailing stoploss if taken any position so that you do loose profits due to any unexpected moves.
Play safe and Happy trade :)
Note: Views only for educational purpose. Consult your financial advisor before any trade.
Resistance & support drawn and marked.
Downfall has taken a pause here as circled.
Most likely if it breaks the support line then the fall will continue till the target line and resistance is broken(unlikely) you will get another 10 its rally.
Keep trailing stoploss if taken any position so that you do loose profits due to any unexpected moves.
Play safe and Happy trade :)
Note: Views only for educational purpose. Consult your financial advisor before any trade.
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