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(Intraday/ Positional Trader) Short! TCS Not Ready Yet
TATA CONSULTANCY SERV LTD
Short
(Intraday/ Positional Trader) Short! TCS Not Ready Yet
By B-Power
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May 10, 2020
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1. On Drawing AB=CD Pattern on Day Chart.
2. TCS took the reversal from the 0.618 level from Pre COVID 19 Price to Recent Lowest Price.
3. For the Complete formation of AB=CD Pattern , Assume BD=1.27. D Point Form at Rs1537.
4. On Recent , Descending Triangle Formation on 30M Chart.
5. Intraday- Sell Below 1880 Target: 1874, 1856 , 1833 Stop Loss :1890
6. Positional Trader: Sell Below 1880 Target :1807, 1730 , 1653 , 1635 Stop Loss: 1890 (Please Trial the Stop Loss Because Targets are too High)
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Chart Patterns
Harmonic Patterns
short
shortsetup
TCS
Trend Analysis
B-Power
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