TCS Ready For All Time High ?? Clear Cup & Handle Formation Buy At Cmp 3606 To Dips 3470-3500 SL - 3330 ( Weekly Closing Basis ) Target - 4050/4300
This 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...
Birlasoft is very strong at the moment. Breakout and have follow up candles. In the recent fall, IT stocks are holding strong at the moment. follow the levels for PriceAction. Targets are in Charts
Too much Ups and dows, Too much Consolidations Done. Stock made stoploss hunting at bottom, now trend is established. Buy for targets mentioned in chart
3426 -3400 will be the area of value as of cmp this price will be open until it get retest 3678 and 3480 is the side ways zone wait paitently for the entry
TCS 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 has given Symmetrical Triangle Breakout on Daily and Weekly Timeframe. Still to confirm on Monthly Timeframe. Targets of 1100+ points
Looks like TCS is breaking out and may now enter HH HL structure. We can also see a nice triangle before the breakout, hence this breakout may sustain. Enter at current MP or add at 3400/3500 SL at around 3300 or trail using 50 SMA TARGETS - 3800, 4000, 4300, 4700
NSE:TCS has shown a breakout and now retracing. If it spends some time here then it can soon show 3380 levels.
TCS 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
NSE: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
Their are 3 expected bottom for TCS, which is predicted using ELLIOTT WAVE ANALYSIS. As shown we are in the process of WAVE C. Ending of WAVE C is expected at 3 point, which are 62%, 100% & 123% (projection of WAVE C)
TCS is near crucial support zone on daily chart. We can take swing trade here. Entry: We can go long after close of strong bullish candle near support zone. Target: We can keep the target near the next resistance zone as marked on chart. Stoploss: We can keep stoploss below the support zone. Please Like and Follow me.
Potential Reciprocal AB=CD pattern. Initial Targets of CD retracement of 0.382 and 0.5 are marked.