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GaneshWadhwa

TCS Long Opportunity

Long
TATA CONSULTANCY S (NSE:TCS)  
GaneshWadhwa Updated   
NSE:TCS   TATA CONSULTANCY S
Trend Lines Chart Patterns Moving Averages longsetup swing swingtrading swingtrade swingtrader swingsetup niftyit IT TCS
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trendline chartpattern movingaverage longsetup swing swingtrading swingtrade swingtrader swingsetup niftyit it tcs
TCS is at a crucial trendline and can be a good risk taking zone for a Long Trade. The stock has support of trendline as well as the sloping 50 DMA. This confluence of support gives more confidence.

Stop Loss: SL has to be a strong candle close below 3,450

Entry: Entries can be made after a show of strength on good volume

Target: Previous swing high i.e. 3,660++
Order cancelled:
Do not enter. Daily candle closed below the trendline
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