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WaveTalks
Oct 14, 2016 3:04 AM

TCS-Long from 2250-2260 zone for target zone 2430-2450 Long

TATA CONSULTANCY SNSE

Description

TCS on lower timeframe looks like some more correction is pending likely I will wait & watch for the zone 2250-2260 -if it falls & takes support then in that case -I will look for a bounce in the zone 2430-2450 with recent low as a stop.
Comments
ShanTrader
Hi Abhishekji. Can you please update your earlier chart. Seems that a move down to 2250-2260 may still be due as wave C in progress ? Or you feel anything bullish in the present move itself ?
WaveTalks
Thanks for reminding. I will do so.
WaveTalks
Hi Shan- Once it starts moving below 2290 & sustains likely it will dip & kiss the zone 2250-2260. Then let me come back again.
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