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TCS-Critical zoneTechnical: TCS is currently at support of the weekly rising channel. Daily chart is not looking that good with RS below zero and selling happening with volumes. Unfilled Gap is there between 2500-2600 levels with 100 EMA also present at those levels therefore it could come to those levels to fill the gap before moving up again.
Fundamental: This week could be important for TCS considering the Dollar strengthening and IT companies doing well. Apart from that its peers i.e. Wipro and Infosys have come up with good results so the premium TCS commands could fade away.
View: Time to be cautious now with TCS.
Note: This is not a trade advice.
Tata Chemical-Interesting chartTata Chemical moving in a rising channel. Tested the bottom trendline multiple times. Also making rounding bottom or cup. . Looks tough to cross 825 but if done with volumes then this can move fast. RS is also near zero line offering good R:R.
Any close above 825 can move this towards 1000-1100+
Quess crop breakout tradeQuess crop:-- if u see Quess crop chart on 2hr time frame 211 closing price of Quess...
And sl will be 196-198rs and tgt 230 -238
Risk reward ratio favourable around 1:2.5
Disclaimer:-- price action work Osum because price is god....
Just share my view dont trade without your analysis....
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XRPU19 ChartI will take a short trade when price reach the upper trend line, hoping for a reversal from there.