ramtej.j13

tcs earnings play

ramtej.j13 Updated   
NSE:TCS   TATA CONSULTANCY S
TCS made a double bottom at price(1789). And is showing signs of going up and continuing its upward trend. it can move strongly upward if and only if there are good earnings. on 10/01/19. if the earnings are not up to mark. it can break the current support(1886) and can head downwards till the double bottom support. if the earnings are very bad a brake of the double bottom support level (1789) can lead further drop in the stock.
Comment:
waiting for earnings to be out stock is still in its range of break out up or down
Trade active:
TCS broke its long-term support. can enter TCS between 1900-1910, with a stop-loss of 1867, target 2020
Comment:
resistance*

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