Tcsviews
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.
Simple Trade Setup | TCS | 23-12-2021 [ INTRADAY]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 exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
TCS - Bullish breakout from channel pattern🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Comments
This is really a great learning from TCSMarket scenario is positive, everyone will buy now but smart money booked their profit. So in order to be successful trader you must need to think and act like a professional trader.
If you liked the concept hit a like and comment your views are appreciable and don't forget to share with your friends and colleagues.
-MOHIT RAJANI
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;