NeeteshJain

Dec 20, 2016 5:51 PM

TCS BREAKS ABOVE RESISTANCE (BREAKOUT TRADE) Long

TATA CONSULTANCY SERVICES LTD.BSE

Description

⋅ Dec 20, 2016 5:51 PM

It is been observed on the daily chart that the price action breaks and closes above resistance levels, indicating positive move ahead. It has also made a higher high and higher low indicating buyers dominance over price levels, which may further take up the price action.

Target 1: 2370

Target 2: 2400

Stoploss: 2300

Comment

⋅ Dec 20, 2016 5:57 PM

Target 1: 2370

Target 2: 2400

Stoploss: 2300

Comment

⋅ Dec 20, 2016 6:00 PM

Now, I have edited the Targets. Thanks, Regards

Trade active

⋅ Dec 21, 2016 3:47 AM

Trade active

⋅ Dec 22, 2016 3:48 AM

Trade active

⋅ Dec 27, 2016 5:03 AM

Comment

⋅ Dec 28, 2016 4:00 AM

Now, This is active and shall reach to Target 1

Trade active

⋅ Dec 28, 2016 4:48 AM

It breaks and closes above 2345 resistance level on hourly chart, now it shall further move up to 2370 levels. Regards

Trade active

⋅ Dec 29, 2016 9:45 AM

Trade closed: target reached

⋅ Dec 30, 2016 5:24 AM

Target reached successfully. Regards

Comments

coolmuthz

⋅ Dec 20, 2016 5:56 PM

Guess a typo tgt1 might be 2370

NeeteshJain

⋅ Dec 20, 2016 5:58 PM

@coolmuthz, Yes, you're right. I believe it is the late night effect :) Regards

coolmuthz

⋅ Dec 20, 2016 6:00 PM

@NeeteshJain, well it happens bro.. Rock on😊👍

SatyamMishra

⋅ May 24, 2017 5:36 AM

@NeeteshJain, I think this call hitted sl

anupminj7

⋅ Dec 20, 2016 5:54 PM

tgt 2 is less than tgt 1

NeeteshJain

⋅ Dec 20, 2016 5:57 PM

@anupminj7, Well pointed out, It was mistakenly written. Target 1 is 2370 and not 2470. Regards

anupminj7

⋅ Dec 20, 2016 5:58 PM

@NeeteshJain, then lets trade
good finding

ashokm81

⋅ Dec 22, 2016 5:28 AM

Sir, This is active or not?

ashpats

⋅ Dec 22, 2016 5:20 AM

SL triggerred

coolmuthz

⋅ Dec 22, 2016 4:39 AM

Bro is it a cbsl? As it went below 2300