Currently the stock has discounted 11% from all time high levels. TCS (Daily): 1. Stock has closed above 200 Days Exponential Moving Average 2. Increase in Buying Volumes since 3 days 3. Earlier resistance of 3400 levels is now acting as a very strong demand zone (as a support) 4. Formation of Double bottom pattern on a major demand zone (around 3400 levels) 5....
Checkout How many times TCS has touched the support Zone and bounce back after nearing to the support area. The Idea is for Educational Purpose only
On the daily chart, the Share holds a major support level at 3750 with good volumes. If he holds it and momentum continues as per the chart then it going to test again at 4000 levels in the near future. Also, Rounding Curve is showing if he breaks level 3930 and holds it. Short term target is 4000 from the current level Long term target is 4200 in 6 months
I hope you can now see how TCS represents an excellent low risk profit entry setup allowing you to trade in the market. Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that the...
TCS CUP & Handle Inverted H&S Forming in Long Term Perspective IF TCS Breakout this Cup & Handle Next it will from the inverted Head & Shoulder it Will reach 4500 as Target
NSE:TCS As one can see, TCS heading towards Bearish Harmonic pattern's PRZ. If you find reversal, then only go for short. Actually we have given long view on TCS from current swing low now it's time to book that swing long trade. New short only initiate if you find reversal. 📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One...
NSE:TCS All the levels and trade setup will be same as per previous. Trade Setup for Date: 27-12-2021 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry...
If we see in weekly timeframe TCS after coming out from trianglre pattern gave a rally and has again comeback to the that level and has taken a support . in weekly and daiy timeframe both there is W pattern formation and price has taken support from neck line . Long position can be made looking at such signal . This is just my analysis do your own analysis...
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....
NSE:TCS All the trade setup remains same as per previous one. Trade Setup for Date: 23-12-2021 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and...
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...
NSE:TCS Observations: 1) On 1day time frame, we can see that it took support from 50DMA and bounce from it. 50DMA is placed at 3581.36 Also interensting point is that most of all the major simple moving averange are in range of 3575-3585 level range. We can say that 3575-3585 is major support range. Please refer below chart : 1day Time Frame. ...
Tcs has taken trendline support + previous resistance has been made a support zone. If it breaks above 3555 then it looks good for the above marked targets. RSI is at GOOD LEVELS MACD is BULLISH BUY ABOVE 3555 TARGETS ARE MARKED ABOVE IN THE CHART.
tcs is breaking out from its double bottom pattern
After a strong down trend tcs has given a triangle breakout lets see the game
Price is on the uptrend line and strong support. Perfect swing trade with favourable risk: reward.
Only for Educational purpose. This stock TCS is right now in good area where buying could be initiated, we have noticed that the price is right now at lower point of parallel channel in daily time frame, where demand zone is also co-incidentally matches and 200DEMA is also at same level of that area zone, but its not confirmed yet to go long, if any type of...
TCS was definitely a surprise for its loyal investors even though it was having not so annoying quarterly results. Now let’s focus on what’s next. I carefully went through the chart adding some important parameters. Let me share the findings with you. On 26th Feb TCS closed 3.37% Down with a huge volume spike at 5.53M, RSI was 33.12. On 9th July TCS closed 1.55%...