TCS is looking good to buy as its quarterly result is on the corner. Also, the chart shows strong support at the 3200 to 3300 zone.
one can take a position on TCS as it has an excellent risk-reward ratio this position.
stop-loss marked with the red line on a daily closing basis.
targets are kept in the green line
thank you!!!
TCS Short Selling Recommendation
Introduction:
This report aims to provide a technical analysis of the TCS stock and a recommendation for short selling the stock in the short term. The analysis is based on the latest charts and indicators and is intended for investors and traders who are looking to capitalize on market movements.
Background:
TCS is an Indian...
The stock formed inverse head and shoulder pattern on weekly chart.
Breaking above neckline will trigger breakout and we can see more higher level near future.
Introduction:
This report aims to provide a technical analysis of TCS stock and a recommendation for short selling the stock in the short term. The analysis is based on the latest charts and indicators, and is intended for investors and traders who are looking to capitalize on market movements.
Background:
Tata Consultancy Services Limited (TCS) is a leading...
TCS near support zone and risk reward looks good for buyers.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Recently IT stocks corrected more than 30%,
in last 20 days most of the IT stocks up more than 10%.
TCS is heavy wieghtage in IT index, if IT move we can expect some more pull back
Technically it crosses the 200 ema,
Volumes are increasing at this level,
Sustaining above resistance level,
IT MAY CHANCE TO GIVE MORE THAN 15% RETURN IN FOLLOWING...
#CONSULTANCY SERVICE Falling wedge pattern (down trend channel) breakout on weekly time frame, also posted good quarterly results, good fundamental stock. wait for retest.
BYU around 3260
TGT : 3430, 3600, 3835, 4043
SL : 3470 Daily closing basis
Disclaimer :
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your...
Right now if you look closely the nearest Gap is "3225" & then Trendline, If both are taken away with a strong candle then we can see other gaps to be filled sooner or later.
If Gap up opens then we have to watch out for Buildup & Volumes.
Tcs Posting Good Results Today Spot Cmp 3118
Tcs Follow Down Trend Channel Lower Low Pattern
Important Levels
Above 3170 Go Long For Target 3300 ++
Below 3360 Go Short For Target 2800 ++
Good Day
Hello Traders,
With Nifty IT Index falling from the All-Time high of 39446 to 26245 , a fall of 13201 points (-33.46% )
TCS with the weightage of 29.33% in Nifty IT Index made an all time high of 4043 made a recent low of 2926 (-27.62%).
If it started trading below 3000 then can go as low as 2880 very sharply, but with the current scenario one can...
Hello, tcs 1d chart quasimodo patern formed left side patern formed & right side patern explained.
LOGIC BEHIND TRADE: Stock is trading on support & can bounce 3,350 recent swing high. NSE:TCS
TCS - NSE:TCS - Short Term BUY
TCS (Tata Consultancy Limited) has been falling since last few days due to agressive selling in market . it has fallen from levels of 3300 in recent week. I Guess the impact of results has given good oppurtunity to enter this stock for short term . Kindly trade with Stoploss mentioned on chat to avoid any unfortunate trap in...
NSE:HCLTECH
#NSE:HCLTECH trading @ Key Support level and good above 935 with as 925 SL.
Medium to long term, chances to continue fall if BD 890 level.
Happy LEarning !!
TCS has formed bullish harami pattern and looks good to buy if sustains above 3245 for the upper marked targets on the chart.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
