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TCS: 1.5 Year Cup Handle Breakout

Long
TATA CONSULTANCY S (NSE:TCS)  
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NSE:TCS   TATA CONSULTANCY S
Cup And Handle Support and Resistance TCS tcslong tcsanalysis tcstechnicalanalysis breakouttrading breakout cupandhandlepattern CUP cupandhandlebreakout
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cupandhandle supportandresistance tcs tcslong tcsanalysis tcstechnicalanalysis breakouttrading breakout cupandhandlepattern cup cupandhandlebreakout
TCS this week is trying to break out of a cup and handle pattern lasting 1.5 years. Volume and RSI is high this week. Coinciding with breakout in other tech stocks and CNXIT. Important it stays along with tech sector above the breakout level over next few weeks to sustain rally.
Commento:
The breakout is continuing and sustaining for the last few days.

Idee correlate

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TATAINVEST: I Year Cup Completing
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M&M: 2 month Cup and Handle Breakout
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WIPRO: 1 Year Cup Ready
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INFY: Descending Channel and Flag Breakout
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CNXIT: NIFTY IT 1.5 Yr Channel Breakout
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