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ashokakbari
Dec 31, 2021 10:49 AM

TCS Expecting down side Short

TATA CONSULTANCY SNSE

Description

TCS cmp 3740 around... can be short with sl 3800 for target 3240... it may take 20-30 sessions. Lets check it in lower time frame

Comment

Comment

This is in 1H chart.. expecting 1st target 3610-3600... which is retracement 0.618% of previous swing of 1H

Comment

no bear.. sl hit in 1h time frame

Trade closed: stop reached

Comments
AceTrader121
Show me the screenshot that you have shorted now , Kuch bhi arbit
ashokakbari
@AceTrader121, I am not here to show you screenshot.. i dont force you to trade. My followers will follow who trust me.
sdafsdafsdfsdfsdf
@ashokakbari, but it also made a double bottom and retested also in the daily chart , plus IT sector is bullish ,the results are also gonna come very soon and because of omicron , WFH will happen again and IT industries will boom. To put a cherry on top of the cake , if dollar increases against rupee , IT companies will benefit from it. So I highly doubt it's gonna come down any time soon.
ashokakbari
@johariutkarsh26, you are absolutely right here, we can go ahead step by step, one by one target as per hourly and support zone, for technical analysis news is different thing, we have our best friend with us "Stop loss". Which I have already mentioned.
I have predicted little bit advance but it's my hobby, once it will make big red candle , ppl will come with negative views, and whole IT sector may change direction. Let's see where we go.
sdafsdafsdfsdfsdf
@ashokakbari, Chart is the ultimate god, the one who follows the news will definitely fall in the world of stock market.
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