BREAKOUT TCS
📊 Script: TATA CONSULTANCY SERV LTD
📊 Sector: IT
📊 Industry: IT - Large
Key highlights: 💡⚡
📈 Right now the stock is in upward movement as per the daily charts from Aug 14 2024 with key support levels at 4460(S1) and 4390(S2) and resistance seen at 4592 being 52 week high. RSI is in overbought category will look for divergence in case of pattern reversal. Stock is trading above 50 and 100 days EMA.
📈 As per 15 mins chart the stock is trading in the range of 4460 and 4560 testing resistance again at 4560 on closing basis on Aug 30 with high high volume green bar. RSI is bullish and not in oversold category. 50 day EMA of 4534 is acting as crucial support.
⏱️ C.M.P 📑💰- 4553.75 entry at 4500
🟢 Target 🎯🏆 - 4800
⚠️ Stoploss ☠️🚫 - 4350
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
📊 Sector: IT
📊 Industry: IT - Large
Key highlights: 💡⚡
📈 Right now the stock is in upward movement as per the daily charts from Aug 14 2024 with key support levels at 4460(S1) and 4390(S2) and resistance seen at 4592 being 52 week high. RSI is in overbought category will look for divergence in case of pattern reversal. Stock is trading above 50 and 100 days EMA.
📈 As per 15 mins chart the stock is trading in the range of 4460 and 4560 testing resistance again at 4560 on closing basis on Aug 30 with high high volume green bar. RSI is bullish and not in oversold category. 50 day EMA of 4534 is acting as crucial support.
⏱️ C.M.P 📑💰- 4553.75 entry at 4500
🟢 Target 🎯🏆 - 4800
⚠️ Stoploss ☠️🚫 - 4350
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Disclaimer
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.