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prasad37

Go long on TCS if it opens above trend line

Long
TATA CONSULTANCY S (NSE:TCS)  
prasad37 Updated   
NSE:TCS   TATA CONSULTANCY S
Trend Analysis TCS
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trendanalysis tcs
TCS is unperformed after result because of margin contraction but the future outlook looks strong after Gopinathan letter to employees that TCS will not compromise on Margins for growth

Also 200 SMA is 1883 ,so it slightly below it

If it opens with good volumes tomorrow ,i am looking to go long .
Comment:
Keep SL -1868
Look for target -TG1 -1920 / TG2 - 1940
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