IMPORTANT NOTE: Trade in 5 Min and 15 Min Time frame, the TradingView is not allowing to post in the smaller time frame and I'm not interested to buy premium plan so please trade as per given time frame and level and targets Thanks.
TCS Future trade analysis.
Buy at 3222, if it holds the level
And trying to move upside then enter
for targets 1 and 2
SELL...
Welcome to coinology. NSE:TCS is giving breakout on its daily chart. You can see positive divergence on the RSI. Go for long on TCS Daily chart target up to 40-50%, with a stop loss of that previous support line.
Take Entries above 3401.70
SL @ 3345 - 3347
Targets are mentioned on Chart with the Risk Reward of 1:6.8
Trail your Stop Loss
Make entries only when the price action is suitable respecting to the trendline
Take Entries when Market sustains above our levels
Take Entries as per Price Action
** Only for Educational Purposes
PLEASE DO LIKE , COMMENT OUR POSTS .
Check chart for details..
SL = 3260
I have used previous price upswing to overlap the current and predict a best case scenario..
As we know best case scenarios are rare..So take the prediction with a grain of salt.. It is possible price may move slower than predicted here.
Any comments, likes, criticisms and constructive feedback are highly appreciated. I...
TCS - Long
Breakout - Spinning Top Candle formed in 4 hr time frame
Ready for New Heights
Invest & Trade Wisely! Good Luck!
***
You can also see my other stock analysis and the results in my profile ideas. Please follow me , If you would like to see more ideas on winning stocks.
***
**Disclaimer:
I am NOT a SEBI registered consultant/Advisor. It is...
TCS had faced rejected at this price range 2 times in the past and seems like a healthy breakout till now. Can buy tomorrow if tomorrow seems to be a green day
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.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
As 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
** Only for Educational Purposes
PLEASE DO LIKE , COMMENT & FOLLOW US
TCS looks like forming a double top pattern and if it sustains below 21 MA then we may see 2900 odd levels. Breaking that level (2900-2880 zone) on the downside would confirm a double top pattern.
Happy Trading!
InvestPro India Team
