TCS share forming a Saucer pattern on daily charts & in the bullish mode. Stock can be taken for swing entry for the next level of 2075 to 2100 without any hurdle. So traders can keep the sock in the watch- list. Small traders can buy the call option ( CE @ 2000 or CE 2020) for good profit.
but once again requesting to keep the reward to risk ratio & do not trade...
INTRADAY TRADE IN TCS
!!please note trade with caution!!
!!manage your risk!!
!!please adjust for future rates!!
!!intra-day ideas series everday at between 9:30 to 10:30!!
Conditional Positional Buy: TCS
TCS managed to sustain above 2060-2100 and closed above 2100. Now, 2060-2100 is a very strong demand zone and I am expecting one bounce. Also, the IT Index showing strength from the last 2-3 days.
I may buy TCS on Monday If it will sustain above 2100-2110 with the stop loss of 2190 for the target of 2144-2147-2189-2197.
TCS HAS FILLED THE GAP AS SHOWN WITH ARROW IT HAS TO CLOSE BELOW GAP TO GO DOWN FURTHUR TARGETS GIVEN LET A CANDLE BE CLOSED BELOW GAP ON CLOSING BASIS FIRST USE 45 MIN. CANDLE ATLEAST
THIS IS MY LAST IDEA HERE I WILL BE BACK AGAIN WITH NAME SIMILAR TO MY CURRENT NAME GOOD LUCK
AS WE CAN SEE THERE IS A LONG TERM TRENDLINE WHITE IT HAS BOUNCED BACK FROM THIS LINE AND WE CAN SEE GREEN CANDLE IN HEIKIN ASHI CANDLE PLUS WITH YELLOW TRENDLINE WE CAN SEE BULLISH DIVERGENCE I GUESS IT IS READY TO GO ROCKET TARGETS FOR LONGS 2150 AND 2205 AND STOP IS 2033 BUT FIRST LET IT CLOSE ABOVE 2093 ON CANDLE CLOSING BASIS
NOTE: TRADE AT YOUR OWN RISK