TCS: Bullish with Key Resistance at 4500
Topic Statement: TCS is moving in a bullish direction, with resistance at 4500 and opportunities for channel trading.
Key Points:
1. The stock is trending within an up-trending channel, signaling continued bullish momentum.
2. A key resistance level exists at 4500, which may limit short-term gains.
3. Ideal buying opportunities are near the lower end of the channel, where the price aligns with the 180-day moving average.
Key Points:
1. The stock is trending within an up-trending channel, signaling continued bullish momentum.
2. A key resistance level exists at 4500, which may limit short-term gains.
3. Ideal buying opportunities are near the lower end of the channel, where the price aligns with the 180-day moving average.
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