TCS Positional view
Updated
TCS is looking good to buy as its quarterly result is on the corner. Also, the chart shows strong support at the 3200 to 3300 zone.
one can take a position on TCS as it has an excellent risk-reward ratio this position.
stop-loss marked with the red line on a daily closing basis.
targets are kept in the green line
thank you!!!
one can take a position on TCS as it has an excellent risk-reward ratio this position.
stop-loss marked with the red line on a daily closing basis.
targets are kept in the green line
thank you!!!
Note
wait one more day. before cutting position as it looks like a false breakdown.Note
the first target reached, book partial profit and wait for the second target.revised stop-loss 3269.
Trade closed: target reached
precisely at one month both the target achieved in TCS one can book all profit if you as a trader. as an investor can wait is up to you.
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