Reasons to LOOK for Buy: 1) Clearly in an uptrend. 2) In the pullback phase to hit the previous support zone. 3) Support zone contains 50% retracement line. 4) Price may also hit 20MA in the zone (thus considering 20MA as support) Look for buying opportunity in lower timeframe SL @2882 as per Risk. Position sizing as per Risk. TP @2980
as we can see there is trendline in TCS for Short Term of period
ROUNDING BOTTOM ON DAILY FRAME FRESH BUY ABOVE 2350-60 LEVEL FOR A TARGET 3150-3200 SIMILAR ROUNDING BOTTOM ON HOURLY CHART HOLDING FOR TARGET 2890 2842 CAN BE THE RESISTANCE LEVEL FOR 2890 TO COME BELOW IS ATTACHED HOURLY CHART
Note: This is for educational purpose only. There seems to be a cup & handle pattern which is a bullish continuation pattern.
Analysed levels mentioned on chart!!! Warm Regards, @MrAkshatP
Tcs has taken support @ 2600 and resistance @2740 Good time to take entry @ 200 dma in 4hr chart if break next entry level would be near 2600 can expect target of 2880
TCS has tested the runaway gap created multiple times and managed to get good support on the down side. On the up side however, it is finding it hard to break the trendline and is consolidating in the range. Please note that the volumes are also an indication that the consolidation is happening. NSE:TCS This is a good buy on dips stock. The support seems to...
TCS has shown a strong support at 2600 and is going in a strong uptrend with a sideways support. Buy for a target of 2830
Note: 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 Can be bought if found support in the morning.
tcs looking good for intraday on buying on retesting for targets mentioned below
NSE: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. ********************************************************************************************************************************** If it is helpful for you, please show your support and hit the...
Holding support at 2440; finds next resistance at 2510-2520, shorting only below support ,if only breaks with strong momentum in price.
The price has formed a bullish triangle pattern, and it seems like this may provide a good long opportunity. Wait for a breakout above the hypotenuse of the triangle to go long. The target for the trade will be the previous high point @2357. SL @ 2230.