Tcslong
TCS Long Setup [Intraday]
NSE:TCS has a 8 point demand zone set at 2180 that sets up for a long trade at 2178.90 with SL at 2169.10 and tp at 2198.60
Intraday trades should be a 2:1 RR although the move towards 1st tp will indicate the strength towards 3:1. Trailing methodology can be adopted once TP is achieved.
Note: Risk 1% of the account size per trade.
TCS buyers are gaining controlTCS buy Near 2135-2125
Stoploss 2075
Target 2250-2350
Reasons For Trade- 1.Excess buying can be seen near to channel support 5th time
2.Price is near to daily support of 2080
3. Price has taken support from 200 EMA on 4 hour chart
4. Risk Reward 1:1.5
TCS long setup - 2450-2480TCS is making slow upside movement and we can wait to see it moving up as per our plan.
If it follows the plan, TCS can be long for 2450 - 2480
TCS | Bull FlagBullish Flag pattern observed in TCS. Yesterday's candle confirmed the breakout and price could move to 2380 based on the pattern.
