https://ganninsides.com/2025/01/10/will-tcs-reverse-course-next-week/

“TCS lost its entire momentum gained after its results were announced. On January 10th, when the stock was up more than 6%, I shared a post anticipating that this momentum would fizzle out very soon. I also shared two dates, January 13th and 14th, as strong turning points. The stock reached its rebound high on January 13th. On the price front, 4200 was identified as critical support. The break of this support triggered a decline towards our first projected target of 4060 today. Going forward Further downside risks remain. 4020 now acts as a key support level. A close below this level could open the door for a deeper correction towards 3950, with potential extensions to 3840 in the coming weeks.”

“As anticipated, ICICIBANK remained below its resistance zone of 1320-1340 on January 1st and subsequently reached the primary target of 1225 today. The 9th and 13th of January were identified as key dates, and today, on the 13th, the price objective has been successfully met.”

“On December 30, 2024, I suggested a trade on DLF to subscribers. I anticipated a breakdown if the stock closed below 806. Following the breakdown confirmation, downside targets were shared at 760 and 720 on a cash basis. The stock reached 760 last week and 720 today. I also provided a couple of cycle dates for your consideration. Take a look.”

DLF Stock: Navigating the Storm Clouds

Godrej Properties has achieved our short-term target objectives of 2490 and 2440 on cash. Our medium-term objective of 2160 remains intact. View posted on January 8.

“TCS is an interesting stock. It is up 5% today. The interesting part is that on the time front, on 13th and 14th January, this stock will have a very strong turn date. So, I would expect this momentum to fizzle out very soon. Let’s see technically. If the stock sustains below the intraday low of 13th and 14th January, then we would be looking for a very sharp reversal to come through. On the price front, 4200 is a key support here. Once it breaks, a decline towards 4060 and 3950 would be on the cards. Let’s see whether we get a turn or not next week.”