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stock has been in a persistent downtrend, staying below the 200 EMA for several months, indicating long-term weakness. However, in the recent phase, the price has formed a falling wedge–type structure, where lower lows and lower highs are converging, often considered an early sign of downside exhaustion. The stock is now attempting to move upward from the lower boundary of this wedge, showing early buying interest and gradual strength. Multiple higher lows are visible in the recent candles, signalling that selling pressure is reducing and bulls are slowly gaining confidence. A decisive breakout above the upper trendline of this wedge along with a move toward the 200 EMA would strengthen the possibility of a trend reversal. Until then, the trend remains cautiously constructive but not fully confirmed.#TechnicalViews

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