TCS
HCl tech | inverted Flag & stock is looking to take support 🎯⭕ Swing Trading opportunity ! Daily Chart Alert !!!⭕
--short below974.60 = or CMP
--Target = 925 or trendline touch
--Stop-loss = 1009
--R:R =1.39
--Expected Profit = ( 5% )
--Expected Holding = 15 days to 1 Months only
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⭕Technical Reasons to trade or Strategy applied :- ⭕
1) hcltech has formed inverted flag O looks weak
2) it can possibly take trendline support to bounce back again
3) volume is good enough
4) simple method is applied here
Guys check out the related ideas as well, it will worked really well !!
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TCS - Fibo with Multi time frame analysis
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
KEYS:
PB: Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence
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The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
TCS, BUY opportunity @ 2920Reasons to LOOK for Buy:
1) Clearly in an uptrend.
2) In the pullback phase to hit the previous support zone.
3) Support zone contains 50% retracement line.
4) Price may also hit 20MA in the zone (thus considering 20MA as support)
Look for buying opportunity in lower timeframe
SL @2882 as per Risk.
Position sizing as per Risk.
TP @2980