TCS
$TCS The previous swing high around ₹2,200 has now been broken with a strong bullish move, indicating that buyers have overcome the earlier resistance. According to the role reversal principle in technical analysis, once a significant resistance level is decisively breached, it often turns into a new support during any pullback or retest. If TCS sustains above the ₹2,200 zone, it would confirm that demand has shifted higher, strengthening the bullish outlook and increasing the probability of a continuation towards higher levels. However, a decisive close below ₹2,200 would invalidate this support and could trigger fresh selling pressure.
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