Parallel Channel defined validation , more than 2 price is used to find price point by connecting at least minimum two price in degree. TCS trading price at DECISIVE zone for further direction: up-break or follow the channel as projection. If price is continue call follow the price parallel channel, the first target is at 1977 nearby. Observation by using ...
Possible downward breakdown can be expected
Buy above 1904 Target - 1912 , 1923 , 1930,1940 Sell below 1891 Target - 1883 , 1872 , 1861, 1850
Key Levels for RELIANCE : UPPER BREAKOUT~1447.35 FIRST TARGET~1467.45 INTERIM RESISTANCE~1488.60 FINAL RESISTANCE~1506.90 LOWER BREAKOUT~1416.15 FIRST TARGET~1394.10 INTERIM SUPPORT~1372.95 FINAL SUPPORT~1354.35 My views are for educational purposes only. Please trade with caution and consult your financial adviser before trading.
Tcs can bounce bank from the support line wait till the level of 1811 and buy at the same level for the target of 1893.
ON HOURLY CHART, IT'S GROWING ON BAT PATTERN
TCS is now in a making or breaking condition. buy if cross 1800, & sell below 1698. TCS now show negative strength so chances of sell-side are higher
As published earlier with little bit information about TECHM, i am feeling very bearish on this stock of upto levels of 465, and beyond that is a bonus one can dream of. A complete beautiful inverse bear pennant. it will follow the yellow line towards the last white line. if not will consolidate but not break the red line (Unless with volume) which is unlikely...
as rally in NIFTY was dependent on TCS. and looking for the tomorrow's weekly expiry, nifty is looking to for some pull back. as per daily chart TCS may rise upto 1950 or upto 1980 i suggest to go short sell around 1930 to 1940 for targets upto 1830. please let me know if there is divrse opinion on the same.
TCS has been forming an ascending triangle beautifully after repeated top attempts and forming higher highs . A good long candidate with SL 1670
tcs is one of best stock for intraday .its been 4 month i have been working on this stock.
Key Levels for NIFTY50 : Check MY PROFILE PIC INFO FOR MORE UPDATES, TOP RIGHT UPPER BREAKOUT~9317 FIRST TARGET~9367 INTERIM RESISTANCE~9442 FINAL RESISTANCE~9540 *************************** LOWER BREAKOUT~9212 FIRST TARGET~9147 INTERIM SUPPORT~9073 FINAL SUPPORT~9003 Please trade with caution and consult your financial adviser before trading.
Buy if it shows any reversal at 1350 in Weekly or Daily charts