entry below 2046 stoploss 2099 minimum target 2011 if 4rth wave is unfolding. if it starts moving upwards then also it will be good time to short with higher risk reward.
One may buy TCS with a SL of 1879 and targets of 1941/1960 in the short term. A buy on dips shall present a better R-R ratio.
Short if it crosses below 2015 TGT 1- 1975 TGT 2 - 1980
Levels mentioned in chart
NSE:TCS After a good upward run, TCS has shown some healthy correction and now trading around previous Break out range. High probability of resume in upward journey from here on wards.
Sell TCS at 2058 SL above 2078 Target 2034 1994
Keep an eye for a break of 2050 for a bearish trade activation
TCS (Tata Consultancy Services Limited) BUY ABOVE 1895
TCS is unperformed after result because of margin contraction but the future outlook looks strong after Gopinathan letter to employees that TCS will not compromise on Margins for growth Also 200 SMA is 1883 ,so it slightly below it If it opens with good volumes tomorrow ,i am looking to go long .
TCS Make Uptrend Entry Zone 1925 - 1941 (Keep watch break the structure...)