The stock have made all time high today (26th Jul) with good volume which shows the strength and momentum in stock .
MACD bullish cross over would be the double confirmation. the stock is trading above 5,9,20 days EMA .
PERSISTENT SYSTEMS is potential candidate for intraday and swing trade tomorrow.
CUP AND HANDLE PATTERN.GOOD VOLUME BREAKOUT.
T1- 357 levels approx.
T2- 393 levels approx.
Disclaimer: Chart is shared only for educational purpose. Before investing please consult your financial advisor.
TCS looks bullish. Had high volume positive trade in last session. Can be entered to tap immediate average move for a target profit of INR 75 with SL of 54.
I would suggest instead of placing a Target profit order, put the trailing SL order, and this is because USD also seems to be rising against INR and that could further give TCS a further...