As the title suggests, in daily timeframe of TCS there is a RSI convergence.
From 1st L H point TCS is falling but RSI is not making lower lows, rather RSI is making higher lows since June 25th.
And also 3000 price level is a support zone (Look at weekly chart).
Probably this stock is preparing for a short term up move, good swing opportunity.
First target would...
Silver Long
Rising RSI
Buy at CMP- 62380
SL- 62085
Target- 62928, 63385, 63708
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MY ANALYSIS ON BANKNIFTY STATES THAT IN NEAR 20 + DAYS BANKNIFTY WILL MAKE NEW ALL TIME HIGH THUS CAN REACH LEVEL OF ABOVE 25000+ THUS STILL UPSIDE IS VISIBLE AS SEVERAL BANK RESULTS ARE ON THE WAY !!
TRADE WITH STRATEGY , & (LIMITED) PATIENCE , GREED ....!!!
