Tcslong
TCS Technical Analysis for august expiry (LONG)So last 3 weeks tcs was on bearish mode , even when nifty reached new highs tcs was still on bearish mode , but we all knew that it was not gonna be like that for a long time as soon as nifty fell 384 points from its high, tcs tested its 3150 support instantly it went up by 60 points with a hr even though nifty was falling and all other stocks were on bearish mode, now that my dear friend is the power of price action and the trend , it exactly respected the 3150 support zone and went up by 60+ points , so for august view the target will be 3300-3400 if these levels are broken we can expect to even test 3700 and keeping stop loss at 3150-3180 is a good risk reward strategy.
Note: The above is strictly my view and not a trade recommendation. Consult your financial advisor before making any trade. This is completely for educational purpose
TCS breakout - Stage 2 Advance TCS confirmed breakout on weekly closing basis.
- Breakout after good consolidation zone.
- Stock in Stage 2 continuation uptrend.
- Giving a good opportunity to add.
Only for educational purpose. Not a recommendation.
TCS Huge BreakoutTCS beautifully closing above TL breakout. Trading at ATH.. Looks good for swing entry now.
TCS (Swing)TCS broke a good pattern with great volume , can find a good entry here for a positional trade, ENTRY 3460, STOP LOSS 3297, TARGET 3700
TCS DAILY FRAME BREAKOUTTCS has given a nice breakout with a huge candle and is going to ride around 10% from now so the breakout is very good and target would be achieved in around 2 months.
TCS ASCENDING TRIANGLE BREAKOUT Ascending triangle breakout. Triangle is formed of 6 months.Buy above 3360
WHAT TO DO WITH TCS SWING.See Everyone knows TCS. Good fundamentals and everything right. As I see many people are into swing of tcs from 3150 3185 levels.,
Question is what to do and how much to hold,
See the resistance is coming close,
I'd suggest to trail stoploss once it crosses 3330 with good bullish green candle.
Trail it to 3300 and hold.
If TCS reaches 3390, near last high, trail stop to 3330 levels, after the break of 3400 (if happens)
Trail it to 3350 and ride the upside breakout. After a good breakout trail every 50 points u get.
TCS 4Hrs Spot ChartHello Guys,
Wanted to post a video on this but could not due to busy schedule!!! My trades are based on Chart patterns and simple Price action analysis!!!
Okay!! This is TCS 4Hrs sopt chart and we got a breakout from the downward sloping trendline...again failure and a retest making higher lows and now breaking out of the broadning pattern the orange lines and yesterdays highs aswell making new highs today. Possible target for TCS is 3380 to 3415 an d much higher.
TCS GOOD LONG CANDIDATETcs spot cmp 3190
ascending triangle pattern formation
over sold on all time smaller time frames
bullish cross over in hourly and 240 mins time frame
bullish divergence of rsi and macd
bullish engulfing pattern formation
good long candidate for new life time high,,,
Ascending Wedge in TCS ( Long ) TCS Price is forming an ascending wedge pattern which indicates there will be a price breakout soon to the long side
We can take a short position from 3267 to 3212 and then we can expect the price to go from 3212 to 3400 where we can take a long position
TCS Wedge Pattern- Go Long- Possible BreakoutsThe Following Chart is of TCS, Which Shows Possible short term reversals and Possible Breakouts on the Stronger Resistance Level @3418 which itself is gonna be out 1st Target, If it breaks this level then expect a strong uptrend. Hold Long.
Do follow for more trading setups like these
Thanks, if you have any queries/suggestions related to above pattern, feel free to type below in the comment section.
TCS LEVELS DAILY TIME FRAMETCS ON DAILY TF IS FOLLOWING A TREND FROM MANY DAYS, IS NOW AGAIN CAME ON SAME TREND LINE AND AGAIN STARTED ITS UPWARD JOURNEY.
ALSO, THERE IS A LOWER SIDE REJECTION FORM 50MA.
TCS Entering in 5th Wave MoveAs per the Analysis, TCS has completed the Complex correction of the 4th Wave & May enter into the 5th Wave.
SO one can take a position at 3286 medians of the previous big red candle & low of wave E as STop loss. Cash position for target 4000.
Technical Indicator
Dow Theory- HH & LH Pattern- Bullish
Bollinger Bands- UP Tick
RSI- Above 40 - Support to Bullish
MACD- Bearish Now but above 3286 it will Bullish & Show Uptick sign.
CHart Pattern- Flag & Pole in Lower time Frame- Good for Bullish momentum
Money making swing tradeTCS on daily chart is taking proper support at its previous support. We can see a pullback from 3200 levels.
Swing trade∘ Trade activated taking 200 EMA + trend line Support
∘ SL below Ema & target all time high .
