The Indicator Used:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts.
2) TE-REKAB - Proprietary Indicator
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence
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TCS - Possible Swing trade Opportunity 7-9%
Check out the chart for possible entry & exits.
For better Accurate trades use tradershedge indicator:
?? Each levels Act can as possible support and resistance????.
You can trade then on any time frame as per your trade set up or you can follow the dynamic entry & exit levels update and triggers from our TradersHedge...
TCS is likely to fall.. Target: 3180/3162/3132
While I was creating the art work, it started falling sharply so a little late on this post..
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On any pullback, the stock could face stiff resistance and may fall back to lower levels. For levels refer to chart
One may consider selling February expiry 3250 Call option in the range of 60-80
Lot size 300
Max profit potential in strategy Rs 18000 - Rs 24000/- per lot
In built loss protection for a rise in price up to 3310-3330 on...