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TCS beginning a short term down trend?

Discussion in 'Technical Analysis' started by paulmathewmac, Nov 29, 2012.

  1. paulmathewmac

    paulmathewmac New Member

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    Hello traders!

    I practically no nothing of Tech Analysis, but looking at the charts I get a feeling that a daily close below 1290 within 4 to 5 days will possibly start a short term (say 10 to 20 days) down trend in TCS which might take it down to the previous low of 1260. Any takers for this view?
     
    paulmathewmac, Nov 29, 2012
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  2. shabbir

    shabbir Administrator Staff Member

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    No unless it cracks 1250
     
    shabbir, Nov 30, 2012
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