TCS today has given a breakout on a larger triangle & smaller triangle, post its results today. We expect the stock to take first resistance near its all-time high at 2275 levels. A confirmed breakout above that level can lead to 2742-3000 levels. NSE:TCS
TCS IS CURRENTLY IN DOWNTREND.
HOWEVER EXCESSIVE PUT WRITING CAN BE SEEN AT 1800 SUGGESTING BEARISH REVERSAL.
BUY TCS ABOVE 1836 FOR TARGETS 1845/1856/1870 SL 1821.
HARAMI BULLISH AND HARAMI CROSS IN HOURLY CHART.
Strategy: Buy @ 2407 and add more for 2600+ target
TCS 0.25% was on uptrend and correcting it's uptrend after hitting 2700 resistance zone . Correction was on running flat correction which was supposed to be completed below 2100 levels. Post 2100 support reach, script was able to jump and tested 2550, We are calling it's five wave...