vidursaini

TCS - CRITICAL LEVEL

NSE:TCS   TATA CONSULTANCY S
92 views
3
I'm Long. Wouldn't advise anyone to take a position yet. Take a position on the side the trend line is broken.

Comments

Candle shows dark cloud cover.. it may go below...
Reply
vidursaini sudalaikasi
@sudalaikasi, Hey. I agree with you here, but TCS is consolidating at the psychological support of 3500 and was in a strong uptrend before it. It could be signs of a cool off or continuation of the uptrend. We could also see a shakeout before a breakout. Hence, critical area.

UPDATE: I closed my long position because of the Karnataka elections.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out