Trade ideas
TCS is break 3800 then 3700 and 3560 , buying given near 3350 ,On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
TCS positional View!!TCS : cmp : 3434
A C &H kind of pattern had been formed in daily chart ,on the verge of BO .
RSI & MFI trending up.
Buy on dips.
Accumulation zone : 3380-3420
Profit booking zone may be : 3820 -4040
SL According to your risk appetite.
Recomended @ 3240-3260 level in TW.
February Future can be look after.
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally
TCs Positional Target 3900 hit buying recommended near 3300-3350On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
TCS BO [Weekly]TCS BO on weekly charts, Long weekly base. Fundamentally strong in IT index. Volumes are there as well.
Many Large IT names coming in 1 month momentums near pivot points.
Nifty IT Index ETFS might also be a decent proxy play if one wants exposure to all these strong IT names together.
TCS Price volume analysis TCS on daily chart is showing a horizontal breakdown of support, however as I read it -neither the breakdown candle didn't had much volumes nor there is any follow up volumes on subsequent days so far, infact the low of the breakdown candle is stil intact and possibility of this being a bear trap setup is higher in my opinion.
Keeping this in radar to see if there is any short covering which gets triggered
TCS Weekly charts Suggest breakout - 5500 Target in 6 MonthsTCS Weekly charts Suggest breakout - 5500 Target in 6 Months Possibility.
CUP Pattern Breakout / Consolidation breakout after almost 1 Year of range bound trading.
Immediate Target 5450 in 6-8 Months ... Long term Targets 7000+
Happy Investing.






















