Can TCS get 3000 by end of DEC?

Dec 2, 2020

TCS has broken the trendline and retraced back beautifully and ready to have a bigger jump.

Long RISK/REWARD Ratio is 5.8

Targets - 2871, 2990

SL - 2710-2700

Dec 3, 2020

Note

As long as 2700 is not broken, we can see 3000 in this month or 1st half of the month.

Dec 4, 2020

Trade active

bought TCS JAN21 FUT, with SL of 2715.

Expectation is that before the quarterly results i.e, Jan 8th, TCS has to reach 3000.

Dec 9, 2020

Note

Holding the DEC FUT trade. Has good support at 2774. as long as it's not breaking, will continue with it.

Dec 22, 2020

Note

Closed the trade as it hot 2774 support.

Dec 22, 2020

Note

But I'm still expecting it to touch 3000 by Jan 8th.

Jan 4, 2021

Trade closed: target reached

touched 3000 (Y). Cheers