TCS trade ideas
TCSTCS has been accumlation since Jul 2022,
the low formation was done in sept 2022 at 2832 which is ST in phase B
I am still expecting one mild retracement upto 3375 which would be best buy from here.
TCS .. Giant Move
Breakout of Weekly Symm Traingle confirmed ✅.
Can head for a potential target of 4000 🎯 . Simple and clean setup for 🚀🚀
My Observations ✍️✍️
TCS: Nomura Rating and DowngradeFWB:NSE : TCS Today Nomura downgraded TCS target from Rs.2830 to Rs.2800. Nifty50 is in ATH and IT is not supporting crucially. July corporate result starts with IT sector. IT has been underplaying for the past 3 months.
Huge shorting in TCS today. If TCS follows the previous day's trend, then the next resistance will be at Rs.3415.30.
TCS- Triangle BreakoutTCS has given a big breakout of a triangle pattern on weekly timeframe post results. IT can lead next round of upmove for Nifty to 21K.
TCS Mid Term SwingBollinger burst , and price is going along side 3rd
deviation, our special indicator also showing break
out in day chart and it never misses trades.
it may try to retrace from current high but will take
support in short support and go long above 3558,
target-3823.
target above 3558 is 7.5% , SL will be 2.5 %.
TCS on verge of Monthly Breakout TCS on verge of Monthly Breakout
Use all the dips new high coming soon 3800/4000++
TCS forming bullish pattern, can achieve 3440 and 3490TCS has completed a good consolidation phase, now ready to fly till 3440. There will be strong bullish movement above the green line.
Below the red line, it will become bearish. A trade can be initiated keeping red line as stop loss.
Disclaimer - The above idea is only for education purpose
My view on TCSTCS Forming CUP & HANDLE pattern also showing trendline breakout.
It should breakout above 3370-72
Keeping on radar TCS 3360 CE
TCS ON FIRE TCS on fire, breaking trendline.
Buy TCS Active cmp 3284
Target 3340 -3350
SL below 3248 Closing Basis
BulishStrong buy tcs, there is no expectations in this counter in market look at the price action in very small time frame, some thing is cooking behind the door
My stoploss is only today's low 3150 cash levels
Please don't greedy
Only for intraday blast
TCSTCS results tomorrow
We may see gap up in the morning becoz it dint break my support and holding the lvl in day closing.
Only above 3300 above opning or candle above closing may consider buying till the first resistance hits 🎯
Back to basicJuly 7 TCS 1D NSE
The candle show me buyer push the price but the low wick show the seller also push to down
But when we closely observe in 1hour candle that one big byer come and after that seller rule the market
I assume that possibly price fall from here.
Overall Price move to downtrend but Wait for next candle BEFORE making the trade decision
TCS - Weekly AnalysisIn the Weekly Chart of TCS ,
we can see that; it is near Cup & Handle Pattern Breakout which is inside a Big Cup & Handle.
Possible momentum are shown in chart.
head and shoulder pattern in TATACONSULTANCYTATA CONSULTANCY SERVICES
Key highlights: 💡⚡️
✅On 1Hour Time Frame Stock Showing Breakout of head and shoulder pattern.
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 3370+.
✅Can Go short in this stock by placing a stop loss above 3220-
TCS has shown good moveNSE:TCS can show a good move of at least 40-50 points from here. Chart is looking good to me.
TCS - bullishPennant pattern formed on TCS it goes up 3360 in this week. Plan before trade and trade the plan
Breakout candidate The stock is trading within a triangle pattern. We can see a bullish move near future.
TCS VIEW
DISCLAIMER
✅All updates/posts/discussions are only for educational and learning purpose only
✅Do consult your financial advisor before taking any trades or investment and financial decisions
✅We are not SEBI registered
Tata consultancy services { TCS } About Tata Consultancy Services is the flagship company and a part of Tata group. It is an IT services, consulting and business solutions organization that has been partnering with many of the world's largest businesses in their transformation journeys for over 50 years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions.
TCS TRADING STRATEGY LONG TERMTCS on weekly chart looks good to plan a trade. Currently it is making a descending triangle pattern, testing the trendline for fourth time. We can anticipate a slow and steady breakout.
We can make an entry now STOP LOSS@ 3100 (5-6%), TARGET 1 is 3600, if the price holds 3600 level we can expect TARGET 2 at around 4000 zone, from thereon new ATH can form, this might take a bit of time so it is a long term strategy. OR just trail using 20/50 EMA.
2800-3000 is a strong support zone so if the breakout fails we can catch TCS in that zone.
