TCS CMP 2200
Elliott- the v waves of 1 got over at the gap zone at 2470. This is when I posted that the counter will give a deep correction. Wave v bigger than wave iii is an indication of emotional buying in the last leg. It is generally followed by a big correction.
Fib- The correction has reached the vicinity of the iv wave and hence the current zone at 2150 and the next one at 2150 are the two zones to buy this counter.
Conclusion- Connie would always say this dip is the best place to buy. First u have a confirmation and second u have a stop which is the lows.
Elliott- the v waves of 1 got over at the gap zone at 2470. This is when I posted that the counter will give a deep correction. Wave v bigger than wave iii is an indication of emotional buying in the last leg. It is generally followed by a big correction.
Fib- The correction has reached the vicinity of the iv wave and hence the current zone at 2150 and the next one at 2150 are the two zones to buy this counter.
Conclusion- Connie would always say this dip is the best place to buy. First u have a confirmation and second u have a stop which is the lows.
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.