Chart Of The Day – TCS Undeterred By Market Sell-Off

Tata Consultancy Services advanced to a new high, snubbing a weak market sentiment. The Company announced June 2, 2018 as the record date for a 1:1 bonus issue. The stock had broken out of a double-bottom base pattern on April 12 and since then it has advanced 14% from its pivot price of Rs 3,127.

Tata Consultancy Services_MarketSmithIndia