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TATA CONSULTANCY SERV LTD
Long

tcs looks bullish in short to medium term

By ParamjitMahapatro
Updated
In weekly, price bounced from trend line support, also it is making higher high and higher low.

in daily price at horizontal support snapshot

sl - 2475, 1st tgt - 2750
Trade active
till now 2594
Trade active
till now 2619
Trade active
till now 2701
Trade active
in daily, big green candle formed, price closed above upper BB and BB is expanding. sign of bullishness,

snapshot
Trade active
in monthly, price is ready to breakout of the consolidation. snapshot
Trade closed: target reached
cmp - 2806, tgt achieved, cheers friends. now road is clear for tcs to enter all time high zone.
In daily, horizontal breakout happened with good volume, price closed above upper BB and BB is expanding. snapshot

next tgt - 2900
Note
reason behind my 2900 tgt

snapshot
Note
target of 2900 achieved here, cheers

snapshot
Note
updated analysis,

in longer time frame, there is a breakout from 3 yr long, horizontal consolidation, now it is going to resume its long term uptrend,

snapshot

tgts - 3200, 3400
Trade active
till now 3133, cheers.
Note
tgt of 3400 is achieved here, cheers.
Trade closed: target reached
Bullish PatternshigherlowsupportTrend Analysisuptrend
ParamjitMahapatro

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