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
One may buy TCS with a SL of 1879 and targets of 1941/1960 in the short term. A buy on dips shall present a better R-R ratio.
TCS (Tata Consultancy Services Limited) BUY ABOVE 1895
TCS Make Uptrend Entry Zone 1925 - 1941 (Keep watch break the structure...)
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.
Accumulate TCS for long term. Add on dips. - 2.5 years of consolidation - back to large deals - US economy is improving
TCS survived 50MA and taking support from 21MA. Buy for long term and average if it falls to near 50MA / 100 MA. Stop loss is daily close below 100MA.
i will like to sell tcs for a good downside target as it looks technically weak!!!!!!
Based on the monthly chart, it looks near term long is possible with atleast target of 2560 with stoploss being 2400
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...
Cup and Holder formation on TCS and shows bullish. Trade Buy abv 2290 Target 1 - 2320 Target 2 - 2340 Points gain - 50 Don't trade until the trade active.