raghavendrakumart
Long

TCS - Longs in ultra short term timeframe

NSE:TCS   TATA CONSULTANCY S
146 0 2
I generally avoid looking at a chart < 4hr. TCS             however is compelling from a "trading" perspective at current market price.

Clean 5 wave decline + falling wedge + Positive divergence in RSI and MACD indicators + trendline support.

No brainer to go long with SL = Hourly close below 2390.

TCS             was covered as a BUY in longer timeframe. Please refer to Links / related ideas
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