Bollinger burst , and price is going along side 3rd
deviation, our special indicator also showing break
out in day chart and it never misses trades.
it may try to retrace from current high but will take
support in short support and go long above 3558,
target-3823.
target above 3558 is 7.5% , SL will be 2.5 %.
#CONSULTANCY SERVICE Falling wedge pattern (down trend channel) breakout on weekly time frame, also posted good quarterly results, good fundamental stock. wait for retest.
BYU around 3260
TGT : 3430, 3600, 3835, 4043
SL : 3470 Daily closing basis
Disclaimer :
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your...
Hi, I'm new to trading and started from chart reading and patterns. Your suggestion and Ideas are valuable to me, comment your thoughts and Let's learn together.
Tata Consultancy's down trend rally breakout confirmed in daily chart. Now trying to break price engagement. If price sustain above the price engagement at 3395 in daily chart, it begins new rally towards upward. Refer upcoming target 1&2.
TATA CONSULTANCY - Long-term Trend Analysis
1. After several months of consolidation the long unwinding has been broken this month.
2. Another fall is for sure, but it may take several months.
3. If it falls 40% from its all-time high will be golden opportunity for the investors.
4. That is 2500... There are lot of supports in between but falling to 2500 is my...
NSE:TCS
Observations:
1) On 1day time frame, we can see 3645 is immediate major support level.
And 3680-3700 is no trade zone. Above this zone it will be bullish and below this it will be bearish till 3645.
Breakdown of 3645 will lead it to more bearish.
Please refer below chart : 1day time frame.
2) On 1hr time frame, it is forming head and...
TCS is forming an ending diagonal in sub-wave 5 of wave((5)).
Price is about to complete the last move of the ending diagonal.
It has created sub-waves 'i' and 'ii' of wave 5.
The trader can initiate a long position for wave 'iii' after the breakout of wave 'i'.
Rule of invalidation : wave 'ii' can never overlap the starting point of wave 'i'. The best way to...
This is how tcs can react tomorrow, it's on its important zone if it breakes then we can expect a good move towards all time high, but we should wait and should see whether it consolidates at this level or what.
TCS CUP & Handle Inverted H&S Forming in Long Term Perspective
IF TCS Breakout this Cup & Handle Next it will from the inverted Head & Shoulder it Will reach 4500 as Target
NSE:TCS
As one can see, TCS heading towards Bearish Harmonic pattern's PRZ. If you find reversal, then only go for short. Actually we have given long view on TCS from current swing low now it's time to book that swing long trade. New short only initiate if you find reversal.
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One...
NSE:TCS
All the levels and trade setup will be same as per previous.
Trade Setup for Date: 27-12-2021
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...
NSE:TCS
All the trade setup remains same as per previous one.
Trade Setup for Date: 23-12-2021
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...
![TCS: Simple Trade Setup | TCS | 13-04-2022 [INTRADAY]](https://s3.tradingview.com/m/mbbHFD5n_mid.png "Simple Trade Setup | TCS | 13-04-2022 [INTRADAY]")
![TCS: Simple Trade Setup | TCS | 27-12-2021 [INTRADAY]](https://s3.tradingview.com/b/bDczx2Ux_mid.png "Simple Trade Setup | TCS | 27-12-2021 [INTRADAY]")
![TCS: Simple Trade Setup | TCS | 23-12-2021 [ INTRADAY]](https://s3.tradingview.com/g/ggDc3pLO_mid.png "Simple Trade Setup | TCS | 23-12-2021 [ INTRADAY]")