TCS
TECHM Retested 👌👌TECHM WEDGE #LONG
buy above 1062 targets 1083 / 1123
sell bellow 1014 target 966.50
Self explanatory chart.
Breakout alert ahead.
Always take trade above/below the candle which closes pre high/low
For educational purpose only. I am not a sebi registered expert. Trade at your own risk. Feel free to text & Share your views.
#PHILIPCARB CMP 242.50 #Target 296 #ModiSpeech #AAPL #MSFT #TCSDaily Chart
#PHILIPCARB
NSE: PHILIPCARB
CMP 242.50
Target : 296
SL 222
RR Ratio > 2.5
Time Frame < 60 D
ITS A BULL MARKET RALLY. Bullish on whole INDIA!
Corrections followed by another high!
Factors:
Inverted Head & Shoulder Pattern Forming
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
BUY TCSTCS currently in parallel channel ,
3120 is 3 times facting resistance level , but currently is travell in channel ,so tcs try to go down to retaste this channel.
buy on this parallel channel , its may be doing double bottom on smaller time frame
wait for cool down then BUY, aleart when its come 3080- 3100
see price action , rejection on channel ..
#ONGC #TIDEWATER #OIL #IOC #HINDPETRO #BPCL #DIESEL #PETROL #IT#ONGC
NSE: ONGC
CMP 117.60
Target 130+
Time frame < 2 months
Factors:
Petroleum sector booming
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Fundamental are strong.
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming
The stock has potential to go beyond 130 in longer time.
PEER COMPARISONS:
NSE: ONGC
NSE: TIDEWATER
NSE: IOC
NSE: OIL
NSE: HINDPETRO
NSE: BPCL
NSE: PETRONET
NSE: SUPPETRO
NSE: CHENNPETRO
NSE: RELIANCE
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
TCS View for LONGAs we can see TCS is in Triangle pattern
Will take the entry above 3146.00
For the targets of :-
Target 1 :- 3200
Target 2 :- 3300
Target 3 :- 3325
STOP LOSS :- 3103
Take Entries & Exit as per Price Action only
Always Follow Risk Reward Ratio & your Money Management
** Only for Educational Purposes
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