Recommendation based on indicators. Trade: Short below - 2264 Target 1 - 2257 Target 2 - 2248 Stop Loss - 2277 Reward Points - 16 Risk Points - 13
TCS has been trading in down trend respecting support and resistance, it has closed on long term support which if it breaks TCS will face further down side target the previous level 2100, traders may buy TCS upto the target of channel resistance 2225 and wait for breakout there for further direction.
It is been observed on daily and weekly chart that the price action making lower highs and lower lows indicated a downward trend. Now, It is also been observed that the price action completed Wave 4 and now it is in progress of Wave 5 in the prevailing downward trend. For last two trading session, it is been bearish when Marked acted positive. I believe sellers...
Cup and Holder formation on TCS and shows bullish. Trade Buy abv 2290 Target 1 - 2320 Target 2 - 2340 Points gain - 50 Don't trade until the trade active.
BELOW 2800 TCS IS ATTRACTIVE VALUE STOCK FOR AVERAGE TARGET RANGE OF 2750-2800 KEEP LONG TERM VIEW SHORT TERM 2360-2380 FOR TARGET AND 2150-200 FOR BUYING RANGE
Ascending triangle formation in TCS on 30mins chart. When the price break the top line of the Ascending triangle, the trend will be bullish but here need to focus o EMA 50. EMA 50 lying above the price. so EMA will act as a Resistance so keep on eye. Once EMA 50 also broken then it will be hit the target. Trade Idea: Buy above - 2163 Target 1 - 2184 Target 2...
TCS's down trend journey from 2750.00 to 2253.00 seem to be looking further downward from here to a target of 2171.00, the stock has also been under pressure since Misrty's ouster.Trader may go short in TCS if it breaks the 2253 level on wednesday, if broke further down ward will confirm and short below 2250.00 or on the alternative scenario it may touch...
in.tradingview.com Ascending Triangle formation on TCS 1 hr chart. Bullish Sign. Buy above 2338 Target 1 - 2360 / 70 Target 2 - 2400 StopLoss - 2290
Oh my god! TCS has given major bullish signals in MACD and RSI. Please see the Arrows you will get what I am Talking about and TCS is in value Zone. One can buy Nov Futures and stay long for a target of 2450-2500-2520 with a stoploss of 2354 on closing basis. One can accumulate 2450 Nov calls all trading @ cheap rate.. Best of luck
TCS May open in red bad result posted by TCS or not so good result so its bad according to market but margin beats estimates and guidelines for next quarter seen good.. TCS if Open in green then TCS will hit 2370 and if not able to hold 2370 then stock will come down and closing will be below 2300.
TCS MAY CORRECT HERE TILL NEW 52 WEEK LOW OR 2300-2200-2100... THIS QUARTER ALSO NOT LOKING GOOD FOR TCS YOU CAN SEE ANOTHER REVENUE FALL IN THIS QUARTER
Everything is explain I guess... Enter short positions only on downside breakout. I won't prefer an upside breakout. check your rules before trading. Happy Trading !
For now, it seems like the price action shall take up prices to previous support level and will also fill up the Gap. The further price action will be decided once the gap is filled. Now it is important to note the price action whenever the prices touch previous support as high selling is expected at that levels which might take prices further down.