Some Steam left in TCS. In ICHIMOKU: Price Crossed KUMO Cloud from Below, having support from Volume front. Volume: Crossed more than Avg. Volume. WAVE analysis: Impulsive WAVE - 3 in Progress Probable END of WAVE - 3 @ 2675 or may extended to @ 2865 (though not plotted in chart)
Some Harmonics: Bearish BAT in Progress (As of now) B = 0.382-0.50 of XA, Here 0.497 CF C = 0.382-0.886 of AB, Here 0.729 CF D = 1.618-2.618 of BC,Here 1.466 Missed D = 0.886 of XA, Here 0.666 Missed
Condition #1: For Ideal Bearish BAT (Orrange Colour) If "D" = 2664.95 Then D = 2.075 (Criteria 1.618-2.618 of BC) CF D = 0.886 of XA (Orange Colour) CF
Condition #2: Bearish ALT BAT If "D" = 2759.1 Then D = 2.748 (Criteria 2.0 - 3.618 of BC) CF D = 1.13 of XA (in Blue Outline) CF "CF" => Criteria Fulfilled.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.