navasv

Accumulate TCS at highest RRR

Long
NSE:TCS   TATA CONSULTANCY S
Observations from TCS Chart:
1. Formation of an ascending triangle
2. A reversal from lower line is hinted by RSI divergence under formation.
3. Currently at lower price which has high risk to reward ratio.
4. Accumulate upto 3165. Set SL below 3150. Target 3750+

Right information at right time is the key..!!

Comments

where is the divergence ?
+1 Reply
@solacenator while price making a lower low RSI gonna make an equal low or lower low, which is a hidden bullish divergence.
Reply
@navasv, nice
+1 Reply