What to do in TCS if we are Holding?
Market Sentiment :
- Extremely week: Due to AI disruption Theory
Technical:
- Extremely Week: Daily, Weekly, Monthly Lower Lows formation
Should We Enter at this Level?
- No New Entry suggested unless we see Daily close above 20EMA
But I am already Holding it, Should I Add more as it is cheaper now?
- We can see a Daily Green Candle which means, that Buyers just got active at this price range. But there are people stuck at higher level so one should not add more quantity at this level rather than look for an Exit at Higher level.
Should I sell my TCS at market open?
- Not Recommended, As there is Daily Green Candle, We can put an Stop Loss order below the Green Candle Low and if there is any other green candle appears, we can keep shifting our SL to last Green Candle low so we can Exit when Seller become stronger.
- But I wanted to Hold for long and want to Add More, as I don't want to Exit in Loss and I believe in India Story.
- Good, Hold your stock if you don't need money and Can Add more near 2000 Support Level only which can give you a better price and support structure.
Market Sentiment :
- Extremely week: Due to AI disruption Theory
Technical:
- Extremely Week: Daily, Weekly, Monthly Lower Lows formation
Should We Enter at this Level?
- No New Entry suggested unless we see Daily close above 20EMA
But I am already Holding it, Should I Add more as it is cheaper now?
- We can see a Daily Green Candle which means, that Buyers just got active at this price range. But there are people stuck at higher level so one should not add more quantity at this level rather than look for an Exit at Higher level.
Should I sell my TCS at market open?
- Not Recommended, As there is Daily Green Candle, We can put an Stop Loss order below the Green Candle Low and if there is any other green candle appears, we can keep shifting our SL to last Green Candle low so we can Exit when Seller become stronger.
- But I wanted to Hold for long and want to Add More, as I don't want to Exit in Loss and I believe in India Story.
- Good, Hold your stock if you don't need money and Can Add more near 2000 Support Level only which can give you a better price and support structure.
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.
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.