TCS Levels & Targets - Technical analysis

Hey Guys,
TCS is Market leader in its sector, A very strong fundamental and management.
Recommended for long term. Very good dividend yield.

RSI: Whenever RSI shows stock is overbought the price suffer rejection from to top levels.

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EMA: 200EMA looks like very strong support, price has taken support so many times in past.

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Bollinger Band: price faces resistance @ Upper band and takes support on Lower band.

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Strong Resistance: Current price zone is a strong resistance for the stock price.

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Trendline: reduce quantity @ breakout of bottom trend line. Upper trend line can act as resistance.
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Volume:

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MACD: on the verge of bearish crossover. Histogram showing green bars going down.

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Support & resistance:

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Please share your Thoughts in comments.
let me know if you have any questions,
Thanks.

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