TCS seems to continue on its previous trend. Can be bought in Cash market around 3327 with Stop loss of 3235 and a target of 3603
FOR EDUCATIONAL AND INFORMATIONAL PURPOSES ONLY
The information posted are for educational and informational purposes only. These are trade which are taken by me personally along with money management. However, under no circumstances,...
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.
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...
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...
IT sector is out performing nifty, TCS is looking good , RSI is BUllish for monthly, weekly and daily time frame. Looking for a breakout with good volume which will drag the prices above.
![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]")
