rosh9

TCS ( short)

Short
NSE:TCS   TATA CONSULTANCY S
1- BEARISH BAT FORMATION
2- STOCK AT PREVIOUS TREND LINE resistance
3- STOCK LOSING MOMENTUM ( RETEST ARE deeper )

AT 15 min chart there is a formation of bearish engulfing pattern

price has respected previous trend line resistance and short term trend lin e resistance

( short entry after breakout of smaller time frame support trend line )