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Sunandamedi

TCS - Long above 2110

TATA CONSULTANCY S (NSE:TCS)  
Sunandamedi Updated   
NSE:TCS   TATA CONSULTANCY S
Chart Patterns Technical Indicators
1
0
chartpattern indicator
Cup & Handle formation is observed.

Close above 2108, will reach target of 2252 with a resistance at 2154.

Maintain Stoploss at 2020 (or as per your R-R ratio).
Comment:
Even though our stop loss is triggered, the chart is messaging that there is a small cup and handle formation within the handle of the long term handle shown above.

Watch out for levels of 2101. Any cross above this the above targets of 2252 is achievable.
Comment:
ACHIEVED. TRADE CLOSE!!
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