Cup and Handle formation on TCS - Long Long

TATA CONSULTANCY SNSE

Description

⋅ Nov 30, 2016 4:39 AM

Cup and Holder formation on TCS and shows bullish.

Trade
Buy abv 2290
Target 1 - 2320
Target 2 - 2340

Points gain - 50

Don't trade until the trade active.

Trade active

⋅ Nov 30, 2016 4:42 AM

Comment

⋅ Nov 30, 2016 4:49 AM

Dear Traders,

Important note : EMA 50 is lying at 2313 level in daily chart and haven't noticed that before this call. Sorry for inconvenience. EMA 50 act as a barrier so hard to break that..

Better to exit at 2310 / 2320. Once again, Sorry for inconvenience.

Trade closed: stop reached

⋅ Nov 30, 2016 5:43 AM