Tcsshort
TCS ANALYSISLET COLOURED AREA WORKING AS SUPPORT BE BROKEN ON CLOSING BASIS(USE 30 MINUTE CANDLE)
TARGET IS GIVEN WHICH IS GAP WILL BE FILLED AND ALSO TRENDLINE SUPPORT IS THERE
TCS is all the way on a downfall?Buy between 2239-2271 and aim for a target of 2100 . Stoploss has to be kept above 2275.
TCS - Heading DownTCS is currently testing its support of 2200, and has closed below it today. I use Vix Fix along with On Balance Volume to see the trend. Here the OBV is decreasing while the Vix is increasing - clear indication of Share sliding down. Further confirmation is taken using a setup of Stochastic Momentum and Awesome Oscillator. Stochastic shows the beginning of down trend, further confirmed by the Awesome going Red.
First stop from here should be 2130, thats where the support lies, which if broken should 2100 soon. NSE:TCS
TCS WEDGE PATTERN ONCE IT CLOSES ABOVE UPPER TRENDLINE ON CLOSING BASIS TARGET IS GIVEN WHICH ALSO A GAP WHICH MAY BE FILLED OR IT MAY KEEP CONSOLIDATING IN WEDGE IT MIGHT ALSO COME DOWN TO LOWER TRENDLINE TARGET GIVEN FOR SHORT TOO LET BEARISH CROOSOVER OCCUR IN STOCHASTICS
TCS Short SetupAll levels are mentioned on the chart.
This chart for only educational purpose and before taking any position please consult your advisory.
TCS Intraday Short"humpty dumpty falling off the wall"Sell TCS @ 2180.
SL @ 2197
Good Luck
Hare Krishna !
TCS MAY PAUSE AND PUSH FURTHER DOWN ON EOW5TCS to end up move and show some downside levels of 2158-2097...wait for pullback to go short....respect risk
TCSWhen price is making higher high but indicators making lower high means something is wrong and this the time for bears to enter the market
TCS in its final exhaustive upmove towards 2280 TCS in its exhaustive upmove and we may witness a sharp decline from 2280 levels in coming days....if this happens we can witness 2030 levels soon.....Respect Risk.....Happy Trading
Exhaustion in TCS uptrend can see 2030 levels soon TCS seen in its exhaustion final move ...final push towards 2280 can be seen with a sharp downfall towards 2030 levels......Respect risk......happy trading
TCS buyers are gaining controlTCS buy Near 2135-2125
Stoploss 2075
Target 2250-2350
Reasons For Trade- 1.Excess buying can be seen near to channel support 5th time
2.Price is near to daily support of 2080
3. Price has taken support from 200 EMA on 4 hour chart
4. Risk Reward 1:1.5
SHORT TERM || SELL || TCSSell TCS on rise with SL of 2275 and targets of 2175/2150. Adjust your trading volumes as per trading price and respect the Stop losses.
TCS: Resistance is nearby The less time price spends at a certain price level, the more effective that price level will be in providing support or resistance for future price action.
Shot TCS 2256-2258 nearby
Stop loss 2261-2264
Target 2222-2219
TCS crossing below MA 8, MA 13, MA 21 - SHORT POSITIONShort if it crosses below 2015
TGT 1- 1975
TGT 2 - 1980
Enter Short in TCS below 1872Enter Short in TCS below 1872
T- 1866, 1855, 1840 & 1810
Sl- 1882
Looks week below if moves and settles below 1870.
TCS is looking good for positional shortTCS has formed deep bearish candle with high selling pressure, so as of im taking positional sell from here with SL 2015 As closing basis,
cmp 1909 and im expecting more 100 points fall in this script....
