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Sunandamedi
Apr 3, 2019 12:31 PM

TCS - Long above 2110 

TATA CONSULTANCY SNSE

Description

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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