TCS on daily chart is showing a horizontal breakdown of support, however as I read it -neither the breakdown candle didn't had much volumes nor there is any follow up volumes on subsequent days so far, infact the low of the breakdown candle is stil intact and possibility of this being a bear trap setup is higher in my opinion.
Keeping this in radar to see if there is any short covering which gets triggered
Keeping this in radar to see if there is any short covering which gets triggered
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On hourly tf ; expecting pullback's till marked levels ..once resistance is brokenNote
TCS still in same band Note
TCS hasn't really moved after breakdown, what does it indicates ..either a consolidation before a fresh down move or ....what I believe that a recovery is on cards ...Note
TCS moving as per expectations Note
Note
Almost at target zone Note
TCS hits target zon as mentioned Note
3267 as was marked target based on hourly charts, TCS hits that almost today ..today's high was 3264.Target done for now, will look for fresh opportunities later on
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Note
TCS running smoothlyNote
TCS 3300+Note
TCS bottom reversal picked up and now fresh 52Week high Note
TCS on Dividend adjusted chart did a highest weekly close
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.