TCS -MT View - Likely to consolidate in Broad Range 1800 - 2100
TCS likely to Consolidate in Broad Range between 1800 to 2100( + or - Rs.100 ) in coming Months before Breaks out on Higher Side. BL and SH strategy can be followed for Few months atleast. Close below 1800 (looks Unlikely) can bring it down to 1700 -1650 level. Can buy here also if drops.TCS
Note: Pink Line shown is likely shape of path and not exact Time are Price levels.
Disclaimer: I am not a qualified Technical Analyst. Please do your own analysis before taking any investment decisions.