TCS - LongTCS - Long
Breakout - Spinning Top Candle formed in 4 hr time frame
Ready for New Heights
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Tcstechnicalanalysis
WHATS NEXT FOR TCS | 3130 OR 3490?The stock has formed a bearish candle on a daily time-frame near its ATH and if it sustains below 3250 we may see 3130-3100 zone in the coming trading session. In case it breaks its ATH (3558-3570) zone, we may see 3490 levels.
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InvestPro India Team
TCS View for LONGAs we can see TCS is in Triangle pattern
Will take the entry above 3146.00
For the targets of :-
Target 1 :- 3200
Target 2 :- 3300
Target 3 :- 3325
STOP LOSS :- 3103
Take Entries & Exit as per Price Action only
Always Follow Risk Reward Ratio & your Money Management
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TCS The Perfect Time to Book your Profits!!!
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;






















