TCS next moveTCS next move
CMP has triggered on demand area if its powerful demand we can expect a next target of 4600 and above
if its breaks bellow 41200 we can expect 3950 near by
Hit the like button to Rock !! Show some energy !!
Note :
⨻ Check the live market updates and analysis yourself before buy or sell.
⨺ Am not giving any advisory or signals its just my idea for upgrade my knowledge in trading for myself
⨹ This is my pre and post market analysis and my trading journey. Not a suggestion to buy or sell.
⫸ You are responsible for your trading not me ⫷
happy trading 🥰
Tcstechnicalanalysis
TCS Caution while Trading Divergence MoveHello Traders,
As we all know the Current trend of the IT sector is bullish & as we can see TCS making new highs.
But will the breakout move sustainable or not.
On the hourly chart there was a Strong volume on Last 2 hours of Friday session.
Is it a Volume trap shown to us or something else is Cooking inside. Dont just rush to trade TCS on monday.
Just wait for the confirmation for the breakout levels to be Retraced on higher timeframes.
Thank You
Prince
TCS Swing TradeHello Traders,
As we all know Pharma, IT, FMCG is driving the market right now.
As the sector is bullish, just keep an eye on TCS about to make Fresh Highs.
Volume confirmation seen on Last 2 hours of Friday session.
Once breaks above resistance plan for a swing trade with LOW RISK & HIGH REWARD.
Educational Purpose Only
Thank You
Prince
TCS BULLISH VIEWTcs looking like bullish
It is farmed head and shoulder pattern
channel pattern also saying its moving up side
circuit also re-tested
20 ema also good supported
stops loss also very small
results also good
Entry @CMP
Stop loss@3884
1st target@4120
2nd target@4250
so please keep TCS in your watchlist for short term investment.
If you like my view, do support it with a boost which is valuable inspiration for me to post ideas like this in future. thank you friends!
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
TCS Analysis & PredictionThis is the analysis of TCS in the Daily Time Frame. Watch carefully. The chart explains itself.
If it sustains above the previous resistance level, it is good for the stock.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About TCS :
Tata Consultancy Services Ltd. is an information technology services, consulting, and business solutions organization. The firm offers a consulting-led, cognitive powered, portfolio of business, technology, and engineering services and solutions. It operates through the following segments: Banking, Financial Services, and Insurance; Manufacturing; Retail and Consumer Business; Communication; Media and Technology; and Others, such as energy, resources and utilities, life sciences and healthcare, s-governance, and products. The company was founded in April 1968 and is headquartered in Mumbai, India.
TCS: Another Leg of Impulse is on the wayStock has given a sharp downside move few weeks ago in an impulsive manner. After that stock has bounced back sharply in a three wave corrective structure and halted near 61.8% fibonacci retracement level and retreated lower.
Stock is likely to fall towards 3300 and 3200 in the coming weeks.
TCS: 1.5 Year Cup Handle BreakoutTCS this week is trying to break out of a cup and handle pattern lasting 1.5 years. Volume and RSI is high this week. Coinciding with breakout in other tech stocks and CNXIT. Important it stays along with tech sector above the breakout level over next few weeks to sustain rally.
TCS Positional viewTCS is looking good to buy as its quarterly result is on the corner. Also, the chart shows strong support at the 3200 to 3300 zone.
one can take a position on TCS as it has an excellent risk-reward ratio this position.
stop-loss marked with the red line on a daily closing basis.
targets are kept in the green line
thank you!!!
TCS Stock Reaching Resistance - Time to Short SellTCS Short Selling Recommendation
Introduction:
This report aims to provide a technical analysis of the TCS stock and a recommendation for short selling the stock in the short term. The analysis is based on the latest charts and indicators and is intended for investors and traders who are looking to capitalize on market movements.
Background:
TCS is an Indian multinational information technology services and consulting company that is listed on the National Stock Exchange of India (NSE) and is widely followed by investors and traders.
Analysis:
The TCS stock has been in an uptrend for the past few months, but recent price action suggests that the stock may be reaching a resistance level. The stock has been trading around 3423.10 levels, and a breakdown above this level could signal a short-term trend reversal.
The technical indicators are also pointing to a potential short selling opportunity. The Relative Strength Index (RSI) has been trending higher, and is currently at overbought levels, indicating that the market is overbought and may be due for a pullback. Additionally, the Moving Average Convergence Divergence (MACD) histogram has crossed above the zero line, suggesting that the trend is losing momentum.
Furthermore, price action on the chart shows that the stock has reached a resistance level and is showing signs of a potential reversal with bearish cand formation.
Recommendation:
Based on the analysis above, we recommend short selling the TCS stock if it breaks above 3423.10 levels, with a stop loss of 3469.25. This strategy aims to capitalize on a short-term trend reversal and capture potential profits as the market pulls back. The target 1 is 3377.00 and target 2 is 3337.30.
Disclaimer:
It's essential to keep in mind that the market is highly volatile and unpredictable. Therefore, it's recommended to keep a close eye on the price action, and use stop loss and take-profit levels to minimize risk and maximize returns. It's important to conduct your own research and analysis before making any investment decisions and always consult a financial advisor before taking any action.
Conclusion:
In conclusion, the TCS stock appears to be reaching a resistance level, and technical indicators suggest a potential short-term trend reversal. Therefore, short selling the TCS stock if it breaks above 3423.10 levels with a stop loss of 3469.25 and target 1 of 3377.00 and target 2 of 3337.30 is a recommended strategy for traders and investors looking to capitalize on market movements in the short term.
Technical Indicators Reveal TCS Short Selling OpportunitiesIntroduction:
This report aims to provide a technical analysis of TCS stock and a recommendation for short selling the stock in the short term. The analysis is based on the latest charts and indicators, and is intended for investors and traders who are looking to capitalize on market movements.
Background:
Tata Consultancy Services Limited (TCS) is a leading Indian multinational information technology (IT) service and consulting company. The company's stock is listed on the National Stock Exchange of India (NSE) and is widely followed by investors and traders.
Analysis:
The TCS stock has been in a strong uptrend for the past few months, but recent price action suggests that the stock may be reaching a resistance level. The stock has been trading in a range between 3396 and 3413, and a breakdown below 3396 could signal a short-term trend reversal.
The technical indicators are also pointing to a potential sell-off. The Relative Strength Index (RSI) has been trending lower and is currently at overbought levels, indicating that the market is overbought and may be due for a pullback. Additionally, the Moving Average Convergence Divergence (MACD) histogram has crossed below the zero line, suggesting that the trend is losing momentum.
Furthermore, price action on the chart shows that the stock has reached a strong resistance level and is showing signs of a potential reversal, with bearish cand formation.
Recommendation:
Based on the analysis above, we recommend short selling TCS stock around 3396 levels, with a stop loss of 3413 and a target 1 of 3379 and target 2 of 3353. This strategy aims to capitalize on a short-term trend reversal and capture potential profits as the market pulls back.
However, it's essential to keep in mind that the market is highly volatile and unpredictable. Therefore, it's recommended to keep a close eye on the price action, and use stop loss and take-profit levels to minimize risk and maximize returns.
Conclusion:
In conclusion, TCS stock appears to be reaching a resistance level and may be due for a short-term pullback. Technical indicators and price action on the chart also suggest a potential trend reversal. Therefore, short selling TCS stock around 3396 levels with a stop loss of 3413 and a target 1 of 3379 and target 2 of 3353 is a recommended strategy for traders and investors looking to capitalize on market movements in the short term.
It's important to conduct your own research and analysis before making any investment decisions, and always consult a financial advisor before taking any action.