With higher highs and higher lows, TCS formed an amazing ascending triangle pattern, and now it's broken with decent volume.
Enter now with half quantity and buy the other half when it moves back and took support at the triangle line (A).
Take Profit at 10% - 15%.
If there is a clear bearish sign at R1, exit with half quantity. And if it hits below the pattern, exit fully.
Pros: IT is performing well in the sector-wise.
Cons: Correction at peak will be huge and fast, hence trade with caution.
Enter now with half quantity and buy the other half when it moves back and took support at the triangle line (A).
Take Profit at 10% - 15%.
If there is a clear bearish sign at R1, exit with half quantity. And if it hits below the pattern, exit fully.
Pros: IT is performing well in the sector-wise.
Cons: Correction at peak will be huge and fast, hence trade with caution.