Description
⋅ TCS
CMP 1945.60
SGX Nifty is showing a bumper opening. This may not be an easy one. Will require some patience to initiate a trade.
Scenario 1
After initial opening, observe if price gets rejected at 1985 / 2005 level.
If we see rejection only then look to sell for target of 1930 / 1921
Scenario 2
If TCS trades above those levels then next level to sell could be around 2077 odd levels.
Be patient with this one. Will update in market hours