TCS, the leader of the IT pack, is in a nice uptrend. If we see a continuation of the bar formed today, we should be approaching 4000 odd levels in no time. One could initiate a trade keeping the following levels in mind.
_____________________________________________________________________________________________________________________________
LONG ABOVE: 3853
STOP LOSS: 3767
TARGET 1: 3939
TARGET 2: 4025
_____________________________________________________________________________________________________________________________
Only initiate the trade if price sustains above the "LONG ABOVE" level for at least 15 minutes.
Manage risk properly and trade your plan.
Like and follow for more. :)
_____________________________________________________________________________________________________________________________
LONG ABOVE: 3853
STOP LOSS: 3767
TARGET 1: 3939
TARGET 2: 4025
_____________________________________________________________________________________________________________________________
Only initiate the trade if price sustains above the "LONG ABOVE" level for at least 15 minutes.
Manage risk properly and trade your plan.
Like and follow for more. :)
Trade closed: target reached:
Target 1 done @ 3939 on 15th September.
Trade closed: stop reached:
Stop reached on 28th September.