TATA CONSULTANCY SERVICES -
Resistance - 725 Support - 690
Today stock has gap down opening and afterwards have a consolidation face and closes with a moderate loss. The major trend in stock is sideways so it’s expected that stock will consolidate and breaching of support may made him to lower level, now the stock facing resistance at 963 and support at 936.
Resistance - 963 Support - 936
R2 - 1162.93
The stock is consolidating currently taking support at lower levels. It has resistance at 1150, crossing of this level may take the stock further upwards till the levels of 1170-1200 in short term. One could go for buying on dip strategy in the stock until it crosses 1120 in near term.
Resistance - 1150 Support - 1120