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Pennant

** Trading Idea in TCS **** Trade Plan ** --------------- Setup :> Here there is a Pennant Pattern Forming . So be a Positional Trader in the stock. Entry :> Should be done on the Closest or on the lower trendline . Price Range in the chart above. Exit/ Target :> Possibly the nearest Support shown in the chart. Stoploss :> Stoploss should be kept just above the upper tredline . Risk : Reward. :> Very Good (1:3) Position Sizing & Instrument to use :> Depends on the capital and BUY in the Cash Segment i mean equity only. The Trade :> The Stock is looking to make an upside on an intraday chart of 5 mins. Our Task is to buy the stock as near as possible to the support zone .
NSE:TCSShort
by Shruti_Advisory
short term 1200 , long term1500++ event on 14 dec read descriptinext week anand rathi may trigger this stock and chances of moving up are very high ,,however based on eps growth the value of the stock is forced to move so by next two quater results we can expect 1500++ so for short term also in next week can make a big move for more info can refer my old idea on motilal oswal which i previously published long time ago or you can see an arrow mark on the chart under candle stick click on it to go there disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk
NSE:MOTILALOFSLong
by techno_funda_guy