AbhishekHSinghCMT
Long

TCS- Hitting the Bulls Eye on 2260- Longs with an eye popping RR

NSE:TCS   TATA CONSULTANCY S
155 views
3
As expected on 14th oct2016- TCS to kiss the zone 2250-2260 which could be the zone for taking longs- here we go, it kissed 2260 & bounced.

It's an eye popping risk reward as turning from 2260 -likely we don't have any risk or marginal risk of taking longs

Trade active: 15:32 Hrs 8th Nov2016

Last Price@2289

Here also good move from 2260-2270 zone with limited downside risk
Trade active: 06:22 Hrs 24th Nov2016

Last Price@2156

Support Zone was broken for heaving selling
Best Regards,
Abhishek H. Singh, CMT
​Growth Director - TradingView India
YouTube Channel https://www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
https://twitter.com/TalksWave

Comments

Sir what should be the SL for TCS longs
Reply
Likely here you have a risk of 10-20 points below 2249 but once it crosses above 2295 then it shall confirm that it wants to move up in that case your stops will be 2259 for higher targets
Reply
morphousd AbhishekHSinghCMT
Thanks Abhishek
Reply
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