Tata
TCS - Short Term BuyTCS - NSE:TCS - Short Term BUY
TCS (Tata Consultancy Limited) has been falling since last few days due to agressive selling in market . it has fallen from levels of 3300 in recent week. I Guess the impact of results has given good oppurtunity to enter this stock for short term . Kindly trade with Stoploss mentioned on chat to avoid any unfortunate trap in markets .
My Recent Buy/Sell Setup analysis on few stocks has been attached to Related Ideas below .
Happy Hunting ,
Chintamani :)
Tata Consumer's new rally about to beginThe stock is returning from a great support and witnessing a double bottom pattern with having a break out with huge moment and now it's ready to hit the set targets. First two will be easy to achieve, I suggest to trail a stop loss after hitting the second one.
Peace out :)
Love
Jerry
TATA STEEL -- INTRADAY SETUP- 11/07/2022TATA STEEL -- INTRADAY SETUP -- 11/07/2022
1. As per daily chart , hourly chart look like metal stocks like Vedanta, tata steel, jindal steel and hindalco seen strong short covering,rollover at last few session, stocks are bottom out at extreme oversold level and looking for trend reversal after some profit booking in last season,
2. TATA STEEL look good after given lower channel breakout and now after pullback again retest channel lower support at 15 min chart where 21, 200 HMA shown good support and can shown upmove in next trading session after some profit booking in last session
3. BUY can initiate at intraday at 880-885 level for intraday target 890-895-900 and stop loss can place bellow trendline support at 872
4. intraday support and resistance shown on chart
5.RSI at 41 at daily chart
THIS IDEA IS FOR EDUCATIONAL PURPOSE ... trade at own risk .!!
HAPPY TRADING !!
TATACONSUM 15min TF INTRADAY Bullish See the chart of Tata Consumer Products in 15min time frame. The chart forming a symmetrical triangle pattern.
Today 16Jun2022, the global indices are in green as it reflecting in Indian markets. So there is more possible chance of Bullish . We can trade LONG in INTRADAY if it breaksout the upper trendline.
TATA POWER -- INTRADAY SETUP -- 09/06/2022TATA POWER -- HOURLY CHART - INTRADAY SETUP --09/06/2022
1. W pattern chart formation on hourly chart
2. trendline breakout seen on hourly chart
3. histogram seen supply bar level decline as trend reversal sign.
4. RSI at mid range hourly chart 49 level
5. above 20,100,200 level on daily chart.
6. intraday support 230, 227 resistance 237, 240
BUY TATA POWER @ 233
target 235-237-240
stop loss 225
** this idea is for educational purpose ..trade at own risk !!
HAPPY TRADING !
Simple Trade Setup | TATASTEEL | 07-06-2022 [INTRADAY]NSE:TATASTEEL
Observations:
1) 1Day TF for reference.
Please refer below chart : 1Day time frame.
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Trade Setup for 07-06-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Paytm exactly played my pointsEvery time i shared all the buying and selling zone of paytm and again you can check my previous analysis of paytm n compair it with this post. I shares quality analysis with you but not getting that appreciable support you can check and compair all my post you'll get it