Kinnari_Prajapati

Logical levels of TCS

NSE:TCS   TATA CONSULTANCY S
In an uptrend, when you buy in excess below value or somewhere in the bottom half of the value area, the take profit level is always at the control price. When an opportunity arises to buy just above the control, the take profit will be at the value high. The protective stop will always be below the tail of the smaller rejection value area on the lower time-frame that is used to enter the trade. The risk will always be smaller than the reward unless you are buying extremely close below the control price.
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Fantastic graphic design for chart. You are a professional analyst.
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