AbhishekHSinghCMT
Long

TCS - Did you sell@2600 & bought at 2530 -Magic of 2510-2535

NSE:TCS   TATA CONSULTANCY S
331 3 9
Wow! - It was 5 candles & down in the zone 2510-2535 as expected when TCS             was dancing at 2600. Later took support in the zone 2510-2535 & pushed upside to 2591.

The latest candle formed at 2591 has long upper shadows & small body which gives an appearance of a shooting star candlestick pattern which indicates weakness. This weakness turns into strength once it moves above its high@2591.

Trading Strategy for Bulls
Next, we should buy TCS             only above 2600 where we left last time or look for buying opportunity in 2450-2475 zone if holds & we see TCS             not falling any more.

Previous Update - TCS             zooms from 2335 to 2600- Solid Performance from TCS             counter.

Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
http://in.tradingview.com
| LinkedIn
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
Missed opportunity. let us wait now.
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@AMBRISH, That was big move as trader you can't afford too & that too you got someone -who updates movements of the stock till it goes to it's terminal point.
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AMBRISH AbhishekHSinghCMT
@AbhishekHSinghCMT, Sure,Thanks for advise.
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