tcsltd

Trading_hawk

NSE:TCS Observations: 1) On 1day time frame,finally it closed above 3650 level and close out from the consolidation range. We can see major breakout level now is at 3675 level. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for Date: 24-12-2021 1) Don't Jump in to trade at the beginning of the market....

Trading_hawk

NSE:TCS Observations: 1) On 1day time frame, it closed above 100DMA. 100DMA is placed at 3598.37 level. So range of 3590-3600 will be immediate support range. Please refer below chart : 1day Time Frame. 2) On 1 hr time frame, we can see that after earlier rise in December, it has been trading in range of 3530-3650 level range. Breakout of 3650 level...

pranav_nanavare

EXPLANATION: This is a 2 hour time frame chart of TCS . The stock has been in a uptrend for days and has formed head and shoulders pattern. If stock give a strong breakdown and broke its demand zone with volumes and retested the same. I am bearish on TCS . If you like this analysis give a Like // Follow for more updates , let me know in comments below :)

PrakWorld_Traders

🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have...

saiguduru97

refer chart

kalyanganguly

Note: This is for educational purpose only. There seems to be a cup & handle pattern which is a bullish continuation pattern.

Kruti0210

This Trade is derived on Probability basis; Do Not Risk more than 3% of your Principal amount;

Kruti0210

Upward Impulse complete and the correction forming is a Fat Correction where Wave A is complete B is almost complete; Hence Wave C is yet to start and this is going to be a downward Impulse with 5 Waves and this correction ca retrace the Previous Impulse as much as 100% as per the rule of the Elliott Wave Theory; So this is the time to book your profits;

kalyanganguly

Note: This is for educational purpose only. TCS has broken out all time high with increase in volume and post formation of tight build up near a very strong resistance. I feel the only way from here is up for TCS. RSI is at 70 which indicates bullish momentum but slightly overbought. Expect a side ways movement before the next upmove.

ashoksamuel02 Updated 

Tcs can move upside another 60 points

Jay_shree

Sell 2042 Target 2006 Stop loss 2051 Above 2067 bearish

pratish14

Tcs can bounce bank from the support line wait till the level of 1811 and buy at the same level for the target of 1893.