TCS case studySymmetrical triangle pattern cmp is around support of ascending trend line bullish divergence on RSI with respect to price. Longby RUDRA0074
TCS - Daily TF - Long TermHarmonic - 1. Potential Bullish butterfly pattern on daily TF. 2. Testing critical support/demand zone. If this is broken Tgts 3219, 3126 Elliott wave - 1. Irregular ABC correction is ongoing. 2. Currently, testing 0.618 retracements of B wave, if this gets broken elongated C is confirmed. First target 3151 and 1-1.236 projection of A and B wave. 3. If there is a retracement from the current demand zone, we can see the upward leg of further correction or impulse. by KunalSaxena102
TCS - long TCS has given a weekly inside candle breakout. Please follow the trade plan as per details available in charts Longby aktradelearningUpdated 220
TCS E wave upwards startAs shown in daily chart of tcs, wave E starts on upside making violation of red support line a false breakdown. Longby vaibhav14476113
TCS - H&S PATTERN NSE : TCS 1. major demand zone 3330-3400 2. Seems to be creating H&S 3. wait for breaking major demand Zone , H&S pattern down side go below 3330/3400 If Above all conditions work than tgt can be 2800/1800. Shortby JAIMATADUpdated 110
INTRODUCTION TO BOLLINGER BANDSHello friends and mates today I am sharing an Idea about an indicator which is you can say very much loved and popular indicator used by all stream and time frame traders and that is BOLLINGER BANDS sharing below about this 𝐃𝐄𝐒𝐂𝐑𝐈𝐏𝐓𝐈𝐎𝐍-: Bollinger Bands are a type of price envelope developed by John Bollinger (Price envelopes define upper and lower price range levels.) Bollinger Bands are envelopes plotted at a standard deviation level above and below a simple moving average of the price. Because the distance of the bands is based on standard deviation, they adjust to volatility swings in the underlying price. Bollinger Bands use 2 parameters, Period and Standard Deviations, Standard deviation. The default values are 20 for period, and 2 for standard deviations, although you may customize the combinations by the given setting in trading view. Bollinger bands help determine whether prices are high or low on a relative basis. They are used in pairs, both upper and lower bands and in conjunction with a moving average. Further, the pair of bands is not intended to be used on its own. Use the pair to confirm signals given with other indicators. 𝐇𝐎𝐖 𝐓𝐇𝐈𝐒 𝐈𝐍𝐃𝐈𝐂𝐀𝐓𝐎𝐑 𝐖𝐎𝐑𝐊𝐒-: When the bands tighten during a period of low volatility, it raises the likelihood of a sharp price move in either direction. This may begin a trending move. Watch out for a false move in opposite direction which reverses before the proper trend begins. When the bands separate by an unusual large amount, volatility increases and any existing trend may be ending. Prices have a tendency to bounce within the bands' envelope, touching one band then moving to the other band. You can use these swings to help identify potential profit targets. For example, if a price bounces off the lower band and then crosses above the moving average, the upper band then becomes the profit target. Price can exceed or hug a band envelope for prolonged periods during strong trends. On divergence with a momentum oscillator, you may want to do additional research to determine if taking additional profits is appropriate for you. A strong trend continuation can be expected when the price moves out of the bands. However, if prices move immediately back inside the band, then the suggested strength is negated. 𝐊𝐄𝐘 𝐓𝐀𝐊𝐄𝐀𝐖𝐀𝐘𝐒-: Bollinger Bands is a technical analysis tool to generate oversold or overbought signals and was developed by John Bollinger. Three lines compose Bollinger Bands: A simple moving average, or the middle band, and an upper and lower band. The upper and lower bands are typically 2 standard deviations +/- from a 20-day simple moving average and can be modified. When the price continually touches the upper Bollinger Band, it can indicate an overbought signal. If the price continually touches the lower band it can indicate an oversold signal. The Squeeze The "squeeze" is the central concept of Bollinger Bands®. When the bands come close together, constricting the moving average, it is called a squeeze. A squeeze signals a period of low volatility and is considered by traders to be a potential sign of future increased volatility and possible trading opportunities. Conversely, the wider apart the bands move, the more likely the chance of a decrease in volatility and the greater the possibility of exiting a trade. These conditions are not trading signals. The bands do not indicate when the change may take place or in which direction the price could move. 𝐁𝐑𝐄𝐀𝐊𝐎𝐔𝐓𝐒-: Approximately 90% of price action occurs between the two bands. 1 Any breakout above or below the bands is significant. The breakout is not a trading signal and many investors mistake that when the price hits or exceeds one of the bands as a signal to buy or sell. Breakouts provide no clue as to the direction and extent of future price movement. 𝐇𝐎𝐖 𝐀𝐂𝐂𝐔𝐑𝐀𝐓𝐄 𝐀𝐑𝐄 𝐁𝐎𝐋𝐋𝐈𝐍𝐆𝐄𝐑 𝐁𝐀𝐍𝐃𝐒-: Since Bollinger Bands are set two use +/- two standard deviations around an SMA, we should expect that approximately 95% of the time, the observed price action will fall within these bands. 𝐄𝐗𝐀𝐌𝐏𝐋𝐄 𝐎𝐅 𝐏𝐎𝐒𝐈𝐓𝐈𝐕𝐄 𝐁𝐑𝐄𝐀𝐊𝐎𝐔𝐓-: 𝐄𝐗𝐀𝐌𝐏𝐋𝐄 𝐎𝐅 𝐍𝐄𝐆𝐀𝐓𝐈𝐕𝐄 𝐁𝐑𝐄𝐀𝐊𝐎𝐔𝐓-: 𝐍𝐎𝐓𝐄-: 𝐓𝐇𝐈𝐒 𝐈𝐃𝐄𝐀 𝐈𝐒 𝐎𝐍𝐋𝐘 𝐅𝐎𝐑 𝐄𝐃𝐔𝐂𝐀𝐓𝐈𝐎𝐍𝐀𝐋 𝐏𝐔𝐑𝐏𝐎𝐒𝐄. 𝐑𝐞𝐠𝐚𝐫𝐝𝐬-: 𝐀𝐦𝐢𝐭 𝐑𝐚𝐣𝐚𝐧 Educationby AMIT-RAJAN2211
Hammer PatternHammer candlesticks typically occur after a price decline. They have a small real body and a long lower shadow. The hammer candlestick occurs when sellers enter the market during a price decline. By the time of market close, buyers absorb selling pressure and push the market price near the opening price. The close can be above or below the opening price, although the close should be near the open for the real body of the candlestick to remain small. The lower shadow should be at least two times the height of the real body. Hammer candlesticks indicate a potential price reversal to the upside. The price must start moving up following the hammer; this is called confirmation. Script = TCS Time Frame = 15 min Longby Jainshashwat4
#TCS cash : Looks good support at 3300#Tcs cash -Positional call 28.02.2023 Strong Support 3300 Resistance for now 3400 Cmp 3312.85Longby anandnst1
TCS Channel BreakoutTCS Channel Pattern Breakout Warning.. May be good time to enter and book profit for shorter period, Recently TCS have produced amazing results in recent quarters.. So Hoping breakout from channel patter for longer timeframeLongby Srikar_98Updated 111
TCS FOR SWING TRADE.I think TCS is now in uptrend you can consider this. it forming HH-HL pattern it gives very low risk entry.Longby chintan_makwana0
BEAR PENNANT IN TCS TCS is looking bearish now its is making a pennant at top first they try to trap a buyersfrom the fake breakout at 3500 Level now after a faje breakout contineulsy fallling Even this stock is in consolidation from jun 22 till now Between 3500-2990 level May this tym its break down this level keep an eye on this Shortby arunguptaa162
Morning StarA morning star is a visual pattern made up of a tall black candlestick, a smaller black or white candlestick with a short body and long wicks, and a third tall white candlestick. The middle candle of the morning star captures a moment of market indecision where the bears begin to give way to bulls. The third candle confirms the reversal and can mark a new uptrend. Script = TCS Time Frame = 15 min Longby Jainshashwat4
TCSTried breaking out has fallen back in the channel expecting to test the lower trend line in coming days.. by ashishlahoti1231
TCS 2Hr TIME FRAMETCS Looking good for upside.. When it break level 3518 and sustain.. it will go upside... BUY TCS @ 3520 Target 1st 3550 2nd 3570 Enjoy trading traders.. Keep add this STOCK in your watch list.. Longby Prashant0192
TCS LONG TERM PLANNING A Detailed analysis of TCS for Medium term Hold (1-3 months): CMP 3558 The Chart has broken down the long-term resistance at 3485, however, the CUP formation is yet to be completed. Once the CUP is formed at 3815, which certainly is our first target, the Chart will show some correction and price action to complete the HANDLE formation as displayed in the chart. Once we see the price action after completion of CUP & HANDLE formation, we are ready for a long-term hold. We can have 3 resistance level and two entry levels as our targets as detailed in the chart. The chart is accompanied by GOLDEN CROSS OVER. Please boost, as it motivates and is the payback to my hard work for new traders. Longby chakraveer11047
TCS will shoot up ??> TCS > Cmp - 3520 > Closed above important resistance level > Possible targets can be - 3640 , 3830 Longby trade_with_AkshatUpdated 1
Cup☕ pattern in tcs (long trade activated) TCS is making a kind of cup pattern on daily time frame also we can see IT sector chart is looking bullish now a days and today retest is also done so as per my analysis I found good risk reward 1:3 in this trade.I'm bullish on this particular stock. What's your opinion please share. Happy trading. Longby hasanr1765
TCS Ascending Triangle Pattern BreakoutTCS Time Frame = Day Pattern = Ascending Triangle pattern Pattern Type = BullishLongby Villagetrader903
TCS ✅ Price Test multiple time on daily and show a nice movement. And also price give false breakout {That a trap}. ✅ Now 3390-3446 Break and now price will come to retest the level and that a Grate opportunity for go long on TCS. ✅ But enter on a Proper Retest. ✅ If price not stop and go up then we have a 1 Hour resistance zone 3630-3666. on hourly price show Hevly movement. ✅ Price will react on 3630-3666 if price hit level and come to retest zone.Longby Nik_Shadow112
TCS Daily looking bullishTCS Daily has inverted head and shoulder breakout. Good to buy at 3529 for target of 4043 with sl below 3436Longby pranjalitigade116
TCS buy every deep Tcs now trade at 3525. Now its run in 3rd primary wave. and also given the 8 months price breakout.3rd wave projection 1.618 = 3825 Buy on every deepLongby VasuVasu1
TCS TRADING IDEAKINDLY EXECUTE ALL THE LEGS If you have understood the levels shown in the chartby FiveCircles1