TCS – Bullish SetupSummary:
This trade setup is based on a bullish momentum seen in the recent price action of TCS. We are entering the position with the expectation that the price will continue to rise, following a significant upward breakout. The entry, stop loss (SL), and target price (TP) levels are set, and the risk-to-reward ratio (RRR) is favorable.
Key Points of the Trade:
Entry Point:
The entry for this position is at 3140.80, which is above the recent support level, indicating the continuation of the upward trend. The entry is triggered as the price has recently started to break through a key resistance zone, suggesting that the bullish momentum is likely to continue.
Stop Loss (SL):
The stop loss is set at 3043.50, just below the recent support zone. This ensures that we have a protective exit if the market reverses. Placing the stop loss here helps mitigate risk in case the trade goes against us.
Target Price (TP):
The target for this trade is 3286.95, a price level that corresponds to a recent resistance point. This target has been chosen based on the potential upside movement following the breakout, providing a good area for price to reach based on historical price action.
Risk-Reward Ratio (RRR):
With the entry at 3140.80, the stop loss at 3043.50, and the target at 3286.95, the RRR stands at 1:1.5. This is a healthy ratio, ensuring that the potential reward outweighs the risk, which is crucial for effective swing trading.
Market Context:
The price has recently bounced off a support level, and we are observing strong bullish momentum as the price moves above the resistance area. This suggests the market may continue its upward movement, making the trade setup valid.
Confirmation:
The recent price action and the movement above key levels provide confirmation of the trade. Additionally, the overall market sentiment for TCS is positive, which further validates the bullish trade idea.
Conclusion:
This trade setup is a bullish scenario for TCS, with a clear entry, stop loss, and target price. The risk-to-reward ratio is favorable, making this a logical and worthwhile trade to consider for swing trading on the 1-hour timeframe. Keep an eye on any changes in momentum or price action that may suggest a reversal, but as of now, the trend looks strong.
Tcslong
Chart Analysis - TCS1) Weekly support (context)
Price is sitting near a multi-week demand zone (prior swing lows / consolidation base). Weekly supports matter because bigger timeframes filter noise and attract institutional flows.
When price returns to a weekly support and stabilizes, it often transitions from distribution to accumulation.
2) Daily double bottom (pattern)
A double bottom forms when price tests a low, bounces, then retests roughly the same low and rejects it again. That shows buyers defending the level twice.
The neckline is drawn across the swing high between the two lows. A daily close above the neckline confirms the pattern.
3) Volume confirmation
Healthy: rising volume on up-days, especially on the rally from the second bottom and on the neckline breakout. That says demand is active, not just a technical bounce.
4) Risk line (“invalidates below today’s low”)
Your statement “bullish till it holds today’s low” defines a clear invalidity level. If price closes below today’s low, it suggests the second bottom failed—cut risk there.
5) Trade planning (illustrative, not advice)
Entry ideas:
(a) Aggressive: near current price with stop just below today’s low.
(b) Conservative: on a confirmed close above the neckline, or on a pullback/retest to the neckline that holds.
Stops: A few ticks below today’s low (aggressive) or below retest low (conservative).
Management: Scale partial at interim resistance; trail stop under higher lows / 20-EMA on the daily.
6) What would weaken the setup
Weak or declining volume on rallies, repeated rejections at the neckline, or a decisive daily close below today’s low/weekly support.
In short: Weekly support + daily double bottom + volume = constructive. Confirmation comes with a neckline break; invalidation is a close below today’s low.
TIPS MUSIC#TIPSINDLTD
Uptrend Channel: Stock is in a bullish uptrend channel.
Resistance Zone: Near 930-950, may face pullback or consolidation.
Support Zone: Strong support at 680-720 for potential rebound.
Short-Term Buy: Safer buy near 850-880 on pullback.
Breakout Buy: Consider buying above 950 if breakout confirmed with volume.
Short-Term Target: Target around 1000 if uptrend continues.
TCS Swing TradeHello Traders,
As we all know Pharma, IT, FMCG is driving the market right now.
As the sector is bullish, just keep an eye on TCS about to make Fresh Highs.
Volume confirmation seen on Last 2 hours of Friday session.
Once breaks above resistance plan for a swing trade with LOW RISK & HIGH REWARD.
Educational Purpose Only
Thank You
Prince
TCS Breaks OutTCS Breaks Out of Inverse Head and Shoulders Pattern: Bullish Momentum Ahead
Tata Consultancy Services (TCS) has formed a classic inverse head and shoulders pattern, a well-known bullish reversal indicator in technical analysis. This pattern typically signals a potential shift from a downtrend to an uptrend.
The structure of the inverse head and shoulders pattern is characterized by three distinct troughs: the first and third being the shoulders, and the middle, deeper trough representing the head. The neckline, which connects the peaks between these troughs, serves as a key resistance level.
Recently, TCS has successfully broken out above the neckline, confirming the bullish reversal. This breakout indicates a strong potential for further upside as the price momentum shifts in favor of the bulls. The breakout is often accompanied by an increase in volume, further validating the strength of the move.
With the price now above the neckline, TCS could see a continuation of the uptrend. The measured move from the breakout can be estimated by projecting the height of the head from the neckline upwards, which suggests a significant upside target.
TCS BULLISH VIEWTcs looking like bullish
It is farmed head and shoulder pattern
channel pattern also saying its moving up side
circuit also re-tested
20 ema also good supported
stops loss also very small
results also good
Entry @CMP
Stop loss@3884
1st target@4120
2nd target@4250
so please keep TCS in your watchlist for short term investment.
If you like my view, do support it with a boost which is valuable inspiration for me to post ideas like this in future. thank you friends!
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
TCS Analysis & PredictionThis is the analysis of TCS in the Daily Time Frame. Watch carefully. The chart explains itself.
If it sustains above the previous resistance level, it is good for the stock.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About TCS :
Tata Consultancy Services Ltd. is an information technology services, consulting, and business solutions organization. The firm offers a consulting-led, cognitive powered, portfolio of business, technology, and engineering services and solutions. It operates through the following segments: Banking, Financial Services, and Insurance; Manufacturing; Retail and Consumer Business; Communication; Media and Technology; and Others, such as energy, resources and utilities, life sciences and healthcare, s-governance, and products. The company was founded in April 1968 and is headquartered in Mumbai, India.
TCS: 1.5 Year Cup Handle BreakoutTCS this week is trying to break out of a cup and handle pattern lasting 1.5 years. Volume and RSI is high this week. Coinciding with breakout in other tech stocks and CNXIT. Important it stays along with tech sector above the breakout level over next few weeks to sustain rally.
TCS Weekly Chart looking for breakoutTCS following 80 Weeks cycle .... Rallied to 2x in 1st 80 Weeks cycle ... corrected for 80 Weeks ... now about to breakout.
IF breakouts above 3400 on Weekly closing basis we can see New ATH on TCS in coming 80 weeks -- Possibly 2x Value 7000+
Can be considered good long term Investment after Confirmed breakout.
Happy Investing
TCS Long: Double Bottom & RSI DivergenceNSE:TCS is trading at its important weekly support level.
On Daily chart it has formed kind of Morning Star Candlestick Pattern & Double Bottom Price Action Pattern.
Positive RSI Divergence is also seen.
Volume is still rising, which suggests that there is more upside potential for the stock.
Support- 3100
Resistance- 3275/3400/3575