ASCENDING TRIANGLE PATTERN IN WEEKLY CHART OF TCS
*stock is slowly climbing from the bottom
*it has been creating higher lowers
*right now the stock is in the supply zone of 3480-3500
*if we move above previous week high of 3505
*will initiate a long with the low of previous week 3349 as stop
*stock on weekly chart has created a ascending triangle pattern
*based on the pattern i expect a target of 3750-3850 on the upside on minimum basis
DISCLAIMER
-this is my perosnal view
-trade according to your risk appetite
-manage your risk
*it has been creating higher lowers
*right now the stock is in the supply zone of 3480-3500
*if we move above previous week high of 3505
*will initiate a long with the low of previous week 3349 as stop
*stock on weekly chart has created a ascending triangle pattern
*based on the pattern i expect a target of 3750-3850 on the upside on minimum basis
DISCLAIMER
-this is my perosnal view
-trade according to your risk appetite
-manage your risk
TRADERSMOJO TELEGRAM CHANNEL
*future calls
*option trading (buying)
*index trading (options and futures)
*index update and oi analysis
t.me/tradersmojo
*future calls
*option trading (buying)
*index trading (options and futures)
*index update and oi analysis
t.me/tradersmojo
