ajeetsingh
Long

Triangle spotted in TCS

NSE:TCS   TATA CONSULTANCY S
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2
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
Trade closed: target reached: Bought at 1860
Booked 1890
Trade closed: target reached: High 1978 Hit
Near to final target of 2000
Comment: High 2005 Hit !!!

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