TCS – Momentum Shifting Upwards?

1. Key Zones
Demand Zone: ₹2,850 – ₹3,000
Supply Zone: ₹3,600 – ₹3,720

2. Structure
Price has bounced strongly from the major weekly demand zone.
The descending trendline is broken, indicating a potential shift in momentum.
Price is now retesting the breakout zone for support.

3. Possible Move
If buyers hold above the ₹3,000–₹3,100 region:
→ Upside targets: ₹3,450 → ₹3,600 → ₹3,720
If price loses the ₹2,850–₹3,000 demand zone, weakness can resume.

4. Summary
TCS is showing early signs of a trend reversal after breaking the falling trendline.
Holding above the retest zone may lead to a push toward the upper supply area.

⚠️ Disclaimer
This analysis is for educational purposes only and not financial advice. Always do your own research and manage risk.