tcstcs 3200 levels + bearish trendline break create buy postion for intraday take price action dicission on intraday okh
Tcslong
Cup☕ pattern in tcs (long trade activated) TCS is making a kind of cup pattern on daily time frame also we can see IT sector chart is looking bullish now a days and today retest is also done so as per my analysis I found good risk reward 1:3 in this trade.I'm bullish on this particular stock. What's your opinion please share.
Happy trading.
TCS Positional viewTCS is looking good to buy as its quarterly result is on the corner. Also, the chart shows strong support at the 3200 to 3300 zone.
one can take a position on TCS as it has an excellent risk-reward ratio this position.
stop-loss marked with the red line on a daily closing basis.
targets are kept in the green line
thank you!!!
BUY TCS | RISK REWARDS LOOKS FAVOURABLETCS near support zone and risk reward looks good for buyers.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Reason for why should you watch TCS !!TCS has given a breakout today & it's also at a good level to catch
Why TCS over all other IT Stocks NSE:TCS
Reason: Strength
When all others were in sell-off facing selling Pressure. It was the only standing man. Where the candles were forming was quite demanding.
Similarly, I've told some stocks in the Nifty Infra setup NSE:ULTRACEMCO NSE:GRASIM
Don't forget to follow
Follow for your learnings, not just for what I said
A Must watch:- Post Market AnalysisPost Market Analysis:- Where I have talked about Strong sectors and sectors which is getting Dumped Out.
NSE:CNXINFRA
NSE:CNXAUTO
NSE:NIFTY
NSE:TCS
NSE:ULTRACEMCO
NSE:GRASIM
NSE:CNXIT
NSE:CNXSMALLCAP
TATA CONSULTANCY SERVICE MID TERM TO LONG TERM SWING#CONSULTANCY SERVICE Falling wedge pattern (down trend channel) breakout on weekly time frame, also posted good quarterly results, good fundamental stock. wait for retest.
BYU around 3260
TGT : 3430, 3600, 3835, 4043
SL : 3470 Daily closing basis
Disclaimer :
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
TCS Analysis | Good RR can be catchRight now if you look closely the nearest Gap is "3225" & then Trendline, If both are taken away with a strong candle then we can see other gaps to be filled sooner or later.
If Gap up opens then we have to watch out for Buildup & Volumes.
TCS FOLLOW DOWN TREND CHANNEL PATTERNTcs Posting Good Results Today Spot Cmp 3118
Tcs Follow Down Trend Channel Lower Low Pattern
Important Levels
Above 3170 Go Long For Target 3300 ++
Below 3360 Go Short For Target 2800 ++
TCS at critical point. Make or break
Good Day
Hello Traders,
With Nifty IT Index falling from the All-Time high of 39446 to 26245 , a fall of 13201 points (-33.46% )
TCS with the weightage of 29.33% in Nifty IT Index made an all time high of 4043 made a recent low of 2926 (-27.62%).
If it started trading below 3000 then can go as low as 2880 very sharply, but with the current scenario one can
start accumulating for long term portfolio as it 28% cheaper. also you keep holding with strict stop loss of 3000 for a quick upside as its been IT stocks
are lagging behind.
Disclaimer : I am not SEBI registered analyst, this is for educational purposes.
Please trade as per your risk and do consult with your financial advisor before taking any
trading decisions.
If you really like the analysis , please do comments, LIKE and Follow me.
breakoutscript broke its tight range
tested the level with 1-2 candles above range
looks tempting to go long
based on resistance level breakout theory
getting support of volume and also RSI
disclaimer - trade @ own risk, stop and target based on risk appetite
TCS is ready to shoot up !!The analysis is based on Smart Money Concept. Great opportunity to go long.
TCS QUASIMODO PATERN Hello, tcs 1d chart quasimodo patern formed left side patern formed & right side patern explained.
LOGIC BEHIND TRADE: Stock is trading on support & can bounce 3,350 recent swing high. NSE:TCS
tcs Give a big brakout#sharemarket #stockmarket #nifty #sensex #investing #trading #nse #bse #stockmarketindia #stocks #indianstockmarket #investment #stockmarketnews #banknifty #finance #money #intraday #intradaytrading #investor #niftyfifty #dalalstreet #sharemarketindia #sharemarketnews #stockmarketinvesting #business #sharemarkettips #stock #india #indiansharemarket #rakeshjhunjhunwala
Bearish Shark Pattern CD Leg to Complete for ReversalHello Traders. I have observed Bearish Shark Pattern in NSE:TCS Daily Time frame.
NSE:TCS is going to be bullish up to Potential Reversal Zone i.e. 3695-3750.
We'll have to see Buy trade till the price reaches this zone. Then Sell trade on Price action basis after reversal is confirmed.
High Volume Node levels have been plotted. They are synced with Monthly POC.
Keep Patience and trade with reversal or Breakout strategy near POC level.
Try to understand psychology of market.
If you like the idea, do not forget to support with a like and follow.
Above is purely my opinion. It doesn't mean that you need to trade accordingly. Please note that I'm not Sebi registered advisor or technical analyst. Trade on your own conviction and please consult your advisor before investing.
#supportandresistance #volumeprofileanalysis #stockmarketindia
TCS lOOK GOOD FOR LONGTCS looks GOOD FOR LONG
WHY tcs ?
- support
-Double Candle stick Bullish Harami NSE:TCS
- Crossed roll Reversal
-Crossing last lower high
-Filling Gap
-Targets Mentiond on chart with Support
BUY TCS ABOVE 3245TCS has formed bullish harami pattern and looks good to buy if sustains above 3245 for the upper marked targets on the chart.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
TCS TRADE SET UP Hello Friends,
Here is TCS Trade set up as per HARMONIC BUTTERFLY, TCS Buy above 3465 with sl of 3286 closing basis and TGT IS 3612 AND 3777.
Happy Trading,
Thank you.
TCS AT DEMAND ZONE AGAIN !! TCS at the demand zone might bounce back from here. One can look for building small positions and add furthermore if the price at the demand zone performs well.
TCS idea for upcoming daysHere is the scenario in TCS stocks in upcoming days and now market is looking for correction here we can see a strong sell order block at the arrow
TCS Reached Major support level !!NSE:TCS
#TCS BO level shared in Aug 21 and it booked 20% profits. Now stock reached the same level 5th Time.
Seems to be weak below 3370.
Marked levels for practice.
Happy LEarning !!
A very Big Opportunity In TCS.TCS stock price is ready for a very big target.
Buy Above- 3715
Stop Loss- 3685
Target is given in the pic.
Note:
-You can use a very flexible stoploss by your choice.
-Only buy when 15 minute candle is closing above 3710 with a heavy volume.
TCSCurrently the stock has discounted 11% from all time high levels.
TCS (Daily):
1. Stock has closed above 200 Days Exponential Moving Average
2. Increase in Buying Volumes since 3 days
3. Earlier resistance of 3400 levels is now acting as a very strong demand zone (as a support)
4. Formation of Double bottom pattern on a major demand zone (around 3400 levels)
5. Formed a Marubuzu candlestick pattern today
View Point:
1. Looks Bullish
Addl Points:
1. FII/FPI have decreased holdings from 15.37% to 14.98% in Dec 2021 qtr
2. Mutual Funds have increased holdings from 3.11% to 3.32% in Dec 2021 qtr.
Notes:
1. The above analysis is just for educational purpose.
