Mr_Unaad

Sell TCS

Mr_Unaad Updated   
NSE:TCS   TATA CONSULTANCY S
Sell TCS below 3133.45 with strict SL of 3184.60 for 1st Target of 3068.85 and 2nd target 3000.90.
#Reason behind the Sell is that the chart pattern and level, if we see on 1H Chart we can see there is Head and Shoulder pattern formed on hourly basis and all level according to the Head and Shoulder pattern are break down. Even the Stock tried to pullback itself in bullish rally but it failed, we can see the level of 3241.80 the stock came down form this level. if TCS break our all levels there is huge possibility it can test Fib .5 level which is 2782.10 there is lots of time for it.

Swing Time : 2 to 4 days

Please Note : We are not SEBI Registered advisor, ask your financial advisor before you invest. Trade as per your own risk and reward.

Thank You!!
Trade active:
Opening Near to 1st Target wait for pullback form entry level if it goes down from opening fresh entry below our first target and our target will extend to 2950.15


Thank You !
Comment:
We got Almost 1.5% Move from our entry lever. If anyone who entered in opening candle they get good trade. 1.5% is also good sign. Safe Trader book your profit and Swing trader can hold it for next target on their own RRR.

Thank You
Trade closed: target reached:
We get great move in TCS We got Almost 1.5% it is enough for me.

Closing position
Thank You
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.