TCS on daily chart is taking proper support at its previous support. We can see a pullback from 3200 levels.
∘ Trade activated taking 200 EMA + trend line Support ∘ SL below Ema & target all time high .
One can go long with the stop loss mentioned in the chart
IF closes with a strong bullish candle. It would be a great RR trade. #Positional
>Currently forming a flat top pattern and support is only 1% away >A buy position can be initiated for a target of 3700 in mid term
Observations from TCS Chart: 1. Formation of an ascending triangle 2. A reversal from lower line is hinted by RSI divergence under formation. 3. Currently at lower price which has high risk to reward ratio. 4. Accumulate upto 3165. Set SL below 3150. Target 3750+ Right information at right time is the key..!!
IMPORTANT NOTE: Trade in 5 Min and 15 Min Time frame, the TradingView is not allowing to post in the smaller time frame and I'm not interested to buy premium plan so please trade as per given time frame and level and targets Thanks. TCS Future trade analysis. Buy at 3222, if it holds the level And trying to move upside then enter for targets 1 and 2 SELL...
Buy TCS target 3380 because it is on support it will jump back from support to resistance
understanding trades through support and resistance. trade will remain void if opens big gap down or gap up.
NSE:TCS gave breakout the other day but it's back into selling zone. Small hands are booking profits so it may bounce from here any day.
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Welcome to coinology. NSE:TCS is giving breakout on its daily chart. You can see positive divergence on the RSI. Go for long on TCS Daily chart target up to 40-50%, with a stop loss of that previous support line.
- TCS made Ascending Triangle Pattern on a hourly chart. - Strong Resistance at 3360. - There is high possibility that in the next 1-2 months it will breakout and create an ATH.
Take Entries above 3401.70 SL @ 3345 - 3347 Targets are mentioned on Chart with the Risk Reward of 1:6.8 Trail your Stop Loss Make entries only when the price action is suitable respecting to the trendline Take Entries when Market sustains above our levels Take Entries as per Price Action ** Only for Educational Purposes PLEASE DO LIKE , COMMENT OUR POSTS .
Check chart for details.. SL = 3260 I have used previous price upswing to overlap the current and predict a best case scenario.. As we know best case scenarios are rare..So take the prediction with a grain of salt.. It is possible price may move slower than predicted here. Any comments, likes, criticisms and constructive feedback are highly appreciated. I...