TCS - Ascending Triangle & Darvas BOTCS - Ascending Triangle & Darvas BO
not a recommendation for learning purpose
TCS trade ideas
TCS AT IMPORTANT LEVELTcs 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.
SwingWait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
tcstcs also looking good for short my entry was near the support hoding with gains still looking good
TCS Swing TradingHi guys, this chart is for educational purpose only not for sale... plz do your own analysis too.. Thank Q
W pattern formed with Volumes, ready to go longTCS-W pattern formed in daily time frame with Volumes, Can take long position at CMP. Target minimum 10%
TCS(Daily TF)TCS Is following a trendline and Now taken Support over it.
Currently it is forming a Double bottom kind of pattern So we can take a entry after stock sustains above 3585.
Target for this trade can be 3700 or can take as per Fibonacci.
Bearish Flag patternTCS has formed bearish flag pattern on daily chart. We expect negative breakout. However, there is no substantive negative trigger to cause it except the potential threat to revenue in EU region due to Omicron variant of concern.
ROCK SOLID(CONTINUATION)Explained on chart & thought process behind it.Definitely will take its own time before final blast but no issue with a GEM like this. Views r personal-not a trading recommendation. PRESS LIKE button if u concur now or on a latter date when U see it there.
#TCS harmonic#TCS next updated harmonic
Target -3912
PRZ-3498.46-3365
Sl-3315
CMP:3502@29 November 2021
Sharing only for learning.
#TCS. At support zones currently. Long above 35803400-3350 good support zone. SHORT it below 3350 for targets of 3150.
3150-3000 very strong support area. BLIND LONGS in this zone.
Long above 3580
#TCS
#TCS - Buy, Target - 3800, SL - 3320TCS has provided a positive trend line breakout.
Disclaimer : Do your due diligence before investing
