Tcsanalysis
TCS, 100 EMA Support + Retest after breakout - Positional TradeBuy TCS levels are mentioned in the chart. 10 to 11% Target with a SL of 2864.50.
Do check the chart carefully for trade execution.
This is not a recommendation, it is a personal view for educational purpose.
Tcs(master)2 posibilities in tcs:
1) by making higher high and lower low (upto 3000) bearish below 2840 (bullish) or
2) tcs hold rectangle channel 2887 - 2600(bearish)
TCS - Cup & Handle PatternNote: This is for educational purpose only.
There seems to be a cup & handle pattern which is a bullish continuation pattern.
TCS - Bullish Hammer post pullbackNote: This is for educational purpose only.
21 EMA has acted as a dynamic support in the past. There seems to be a pullback to 21 EMA and formation of hammer. Moreover, there is increase in volume. RSI is at 58 which is nearing bullish zone.
TCS SHORT FOR INTRADAY
This Trade is derived on Probability basis; Do Not Risk more than 3% of your Principal amount;
This is really a great learning from TCSMarket scenario is positive, everyone will buy now but smart money booked their profit. So in order to be successful trader you must need to think and act like a professional trader.
If you liked the concept hit a like and comment your views are appreciable and don't forget to share with your friends and colleagues.
-MOHIT RAJANI
TCS The Perfect Time to Book your Profits!!!
Upward Impulse complete and the correction forming is a Fat Correction where Wave A is complete B is almost complete;
Hence Wave C is yet to start and this is going to be a downward Impulse with 5 Waves and this correction ca retrace the Previous Impulse as much as 100% as per the rule of the Elliott Wave Theory;
So this is the time to book your profits;
TCS : Long SetupNSE:TCS
Hi Traders,
TCS remained range-bound throughout month and it has started moving in upward direction with upward price channel.
Entry and target level on chart.
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###Learn To Earn###
* This analysis is educational/learning purpose only.
* Trade at your own risk.
Trade well,
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Pattern formed at long time resistance 2300. Price at resistance levels 2300 and forming ascending triangle pattern. Expecting upside movement after breaking 2300 levels. Wait for it.
TCS - Sky is the limitNote: This is for educational purpose only.
TCS has broken out all time high with increase in volume and post formation of tight build up near a very strong resistance. I feel the only way from here is up for TCS. RSI is at 70 which indicates bullish momentum but slightly overbought. Expect a side ways movement before the next upmove.
Stock Attraction of traders:The stock momentum is slanting up-direction.
It break the direction with heavy volume.
At present stock is gaining the buyers volume.
Buyers are attracting in the present scenario.
But there is a strong resistance near the price.
In the conclusion I will say that because of the heavy volume Stock can break the resistance and go up.
But traders can not Deny also the Strong Resistance . So wait and watch.
