TCS positional setup (Updated pattern) #letsMakeMoneyTogether As the last analysis said ..... no buy signal above the red cloud box and the same box provided heavy resistance for the stock .... On lower TF still bullish and 200dema retested if the yellow small trendline broken with a power candle and moves thru the red box . on 15min TF . 2% positional tgt is activated with the SL being the low of the candle .
Happy trading #TCS
Tcslong
TCS positional setup #letsMakeMoneyTogether A Breakthrough Gap = take trade directly. else if it breaks the red area with POWER CANDLE enter the trade. A possible breakdown can take place too if nifty and bnknfty went bearish. Do not short sell. leave the trade. Happy trading :)
))Also if u feel dull for the day = don't take the trade
))Also if u don't like the Risk of this trade = don't take the trade
I am 21 years old and trade daily with my studies around side. This is my passion and I follow it strongly.
TCS - CMP 3050.TCS - CMP 3050. Can be taken with SL of 2880 on CLBS for a target of 3150, 3250++. It has corrected from decent rise and it has taken support 2883 which is also 100EMA and Bollinger band lower end. RSI also took support and moving up which is positive. MACD blue signal also has crossed red signal just recently and is also a positive indication. Yesterday also it closed at high. It may go at least go to recent highs of around 3340. This is purely for educational purpose and not an recommendation.
TCS 8% upside in a month28 Dec 2020
TCS (CMP: 2,929)
TCS has formed a Cup and Handle Pattern. The stock price is trading above all its daily exponential moving averages (10, 20, 50 & 200 DEMA). The company has started buyback of its share at 3,000. The last date to tender its share is 01 Jan 2021. This will fuel the stock for good trading bets in upcoming days.
It is showing an 8% upside potential.
Target = 3,170; Target Date: 03 Feb 2021.
Stop Loss = 2,800
MORNING STAR FORMATION IN TCSA morning star is a bullish three candle pattern that is formed at the bottom of a down move. The first candle in the morning star formation is a big bearish candle that clearly defines the down move. The second candle is a small candle, which is ideally a Doji candle. The third candle is a large bullish candle, which closes near the top of the day.
Clearly, Morning star is formed in TCS today. It's ready to move upside.