📊 Thomas Cook (India) Ltd – Technical Analysis (Weekly Chart)

📍 Current Price: ₹185.68 Weekly Gain: +4.00% 200-Week EMA: ₹117.53 Volume: 10.26M (well above 20-period avg of 7.39M) 📈 Technical Highlights ✅ 1. Trend Structure Strong uptrend since mid-2023. A sharp correction from highs near ₹275 to ₹120. Now, forming a V-shaped recovery — a bullish signal showing regained momentum. ✅ 2. Demand Zone Respected The ₹120–₹135 range acted as a major demand zone (tested multiple times). From that zone, the stock has bounced sharply with consistent green candles. 🔄 3. Resistance to Watch ₹190–₹200: Minor resistance zone. ₹225–₹240: Bigger hurdle (previous highs). A breakout above ₹240 would signal a move toward all-time highs again. 🔍 4. Moving Average Analysis Price is well above the 200-week EMA (₹117.53), reinforcing long-term bullishness. The slope of the EMA is upward, indicating sustained trend strength. 📦 5. Volume Confirmation Weekly volumes are strong with increasing participation on green candles — accumulation visible.