TradingView
Lucifer759
Sep 10, 2018 3:54 PM

TCS - Uptrend stalling? Short

TATA CONSULTANCY SNSE

Description

As you can see stocks has bee following the trend line and broken below recently.
It tried to pullback and failed despite weaker rupee.
And it is also creating a bearish head and Shoulder pattern at top which suggest and trend change which may be short term.

Sell below 2066 with stoploss of 2085 Target 2025

Trade active

Modify stoploss to 2065 and wait for 2030 levels.

Trade closed: target reached

More