TCS: Turning Point Reached, Further Correction Likely

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.”

DLF Trade Recap: Breakdown & Downside Targets

“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