#TCS CMP 2044
The major patter visible is an ascending channel on daily and the prices are at the lower end of the trend channel. Any break below 1998 we can see further downside. Also, the formation Bullish Harmonic pattern and a channel also form where we can expect a bounce from the zone of 1960 to 1970 SL on CLBS of 1930 for a target of 2000 / 2014 / 2029
Reverse Trading on my analysis is not recommended.
CHART BY HarmonicTrading™
The major patter visible is an ascending channel on daily and the prices are at the lower end of the trend channel. Any break below 1998 we can see further downside. Also, the formation Bullish Harmonic pattern and a channel also form where we can expect a bounce from the zone of 1960 to 1970 SL on CLBS of 1930 for a target of 2000 / 2014 / 2029
Reverse Trading on my analysis is not recommended.
CHART BY HarmonicTrading™