praveenrathod464

TCS ON THE VERGE OF BREAKOUT

Long
praveenrathod464 Updated   
NSE:TCS   TATA CONSULTANCY S
TCS AT ITS ALL TIME HIGH RESISITANCE 3340 IT IS THE THIRD TIME IT IS TRYING TO BREAK , IF THIS BREAKS FOLLOWED UP WITH A RETEST IT CAN GIVE GOOD RETURNS AND MAKE FRESH HIGHS IN NEAR FUTURE ,IF RSI SUSTAINS ABOVE 70 IN COMING DAYS THEN THE BREAKOUT WILL SUSTAIN FOR REAL.. BUT I FIT TAKES RESISTANCE AT THE HIGHS U CAN ALSO GO SHORT NEAR 3320-3300 IF YOU SPOT A CONVINCING BEARISH CANDLE

BUY ABOVE - 3340
SELL BELOW - 3320-3300
Comment:
breakout spotted , get ready for the jolly ride , the move is ready to happen
Comment:
TCS AT VERY GOOD SUPPORT CAN GO LONG WITH VERY SMALL SL OF 3290
Comment:
TCS was not able to sustain above demand zone, if still holding u can accumlate near 3150 (EQUITY)
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