Triangle spotted in TCS
Updated
After a rally from 1720 to 1880
a consolidation is spotted in tcs in form of narrowing triangle
where 1800 seems to be immediate support
we can play our usual breakout strategy for easy 2-3% move either side
if volumes too support then move can be of 4%
upside final target 2000
downside final target 1600
a consolidation is spotted in tcs in form of narrowing triangle
where 1800 seems to be immediate support
we can play our usual breakout strategy for easy 2-3% move either side
if volumes too support then move can be of 4%
upside final target 2000
downside final target 1600
Trade closed: target reached
Bought at 1860Booked 1890
Trade closed: target reached
High 1978 HitNear to final target of 2000
Note
High 2005 Hit !!!
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.