Pls refer chart.. Call given fully based on Daily and weekly indicators view Vijayaraghavan.K, Chennai
TCS CHART LOOKS AWSOME ONE CAN BUY IT IT DIP OF 40-50 POINT MORE FROM HERE IF
Bullish Flag pattern observed in TCS. Yesterday's candle confirmed the breakout and price could move to 2380 based on the pattern.
The " Excess " is always good for trade. The 2297 ATH which the value where sellers will attract to short this stock in FUTURE nse for target 2240 nearby and gravitation of " control price " target is at 2217. Note: this all levels are for equity and short should be in the future. TCS is trading at "value high" . I prefer to trade alway above the value high...
Lets see if it can come out of the triangle with good volumes
Everything is cleared on the chart. From the Value, high made excess will push the price value low. You can COMMENT if anything you want to know about this execution.
Explained in charts. One can go long with stop below 2030 on closing basis for target of prior high.
I always try to alert the small investors because i am one of the same --------------------------------------------------------------------------------------------------------------------------- THE INFORMATION IN MY IDEAS IS PROVIDE FOR EDUCATIONAL OR INFORMATION PURPOSES ONLY. THIS IS NOT FINANCIAL ADVICE. ENJOY SOME PROFITS MAKE SURE TO HIT THE LIKE/SUPPORT...
TCS FORMING CUP AND HANDLE IN HOURLY TIME FRAME WILL CONSIDER BO ABOVE ONLY 2296 FOR FRESH ENTRY....
#TCS ... ready for Cup n Handle Breakout? Did I get it right? Including the target?
TCS today has given a breakout on a larger triangle & smaller triangle, post its results today. We expect the stock to take first resistance near its all-time high at 2275 levels. A confirmed breakout above that level can lead to 2742-3000 levels. NSE:TCS
Excess has found for short this stock on the 15min chart with range 2154-2124 From the daily chart, TCS has a buy single already triggered and price moving up the side. The price is still far from control price.
TCS is taking support at its short term swing high, also the trend is up and the trend line is also acting as a support. But if it breaks 2065, the next supports are 2010 and 1980. Until then its a long for short term. The volumes are also decreasing which indicates that the pullback is not strong. Favourable exit polls also suggest the market will perform better...