TCS trade ideas
#TCS - Buy, Target - 3800, SL - 3320TCS has provided a positive trend line breakout.
Disclaimer : Do your due diligence before investing
TCS | Trendline + 200 EMA support + Gap filling opportunity -15%TCS | Trendline + 200 EMA support + Gap filling opportunity - Potential for 15%
CMP : 3445
SL : 3280
Target : 3970
1:3 risk reward setup
Long on TCSStock Should bounce back to 3700 levels.
Disclaimer: Education Purpose view, not a trading advice.
THE EVERGREEN ONEHope u enjoyed the last journey. Be ready to to take the next ride Compelled to rethink & revise chart. Ultimately tgts r just nos.Get ready for the. next exciting & happy journey. This is my personal view-not a trading recommendation. Use your own method before taking decisions
TCS : LONG TCS : Bullish Shark and double bottom formed.
CMP : 3463.75
SL : 3385 (CLOSING BASIS)
NECKLINE : 3575.55
TARGET : 3575, 3712, 3760
For educational purpose only
TCS Bullish TriangleIf TCS breaks 3515 and gives 15 min closing above it.
t1- 3555
t2- 3600
SL- 3477
TCS Support LevelTCS spotted on Support Level
Keep watch Nifty IT Indices and Plan correct entry.In weekly time frame it shows Support.I may consolidate and give huge move.
Buy on Dips and sell on rise
be rigid in your rules and flexible in your expectationsmake entries based on where the risk to reward ratio is minimum and favourable
Amazing all-in-one chart !!The above chart is of TCS on 15 min TF.
The chart has formed various patterns and shows the price action after successful completion of the pattern. Hope rarely we can found a chart which exhibits most of the patterns in a single chart.
Here are some of the patterns which i was able to identify:
(A) Bullish flag pattern:
After recognizing and marking the pattern on chart, longs can be considered on breakout above the upper trendline of the flag, with proper SL favoring atleast 1:2 RR.
(B) EW Counts (Although i am not good at EW analysis, have managed to mark some primary/corrective counts on chart):
After recognizing and marking the counts (1-2) on chart, longs can be considered on breakout above the high of (1) candle, with proper SL favoring atleast 1:2 RR.
(c) Head and Shoulder pattern:
After recognizing and marking the pattern on chart, short position can be considered on price closing below the neckline, again with proper SL favoring atleast 1:2 RR.
(D) Bearish Inverted Flag pattern:
After recognizing and marking the pattern on chart, short position can be considered on breakdown below the lower trendline of the flag, with proper SL favoring atleast 1:2 RR.
(E) EW corrective count:
After recognizing and marking the counts (a-b) on chart, short position can be considered on price closing below the low of (a) point, with proper SL favoring atleast 1:2 RR.
(F) Symmetrical triangle:
After recognizing and marking the pattern on chart, longs can be considered on breakout above the upper trendline of the triangle, with proper SL favoring atleast 1:2 RR.
Most of us have paid penalties/fine to the market for making mistakes.
The objective of this chart is to show some simple and interesting pattern formations and price action after successful completion of the pattern. One should try to learn atleast few simple patterns, which will help to avoid or atleast minimize the penalties that we pay to the market :).
Identifying such patterns on higher TF, say daily/weekly chart, and trading them with proper SL would reep good returns over long term trade.
Hope the above chart was useful with the information provided.
Happy Investing !
TCS- Next support after 250pts downsideTCS has broken the EMAs after facing resistance at camarilla R3. Next support could be at Camarilla S3 level - 3,232 - which is around 250 pts below current close. Stock looks to be in clear bear zone with EMA levels lined up in reverse in support of a continued down move. It may be better to wait for the stock to take support and show strength before going long. Current repulsion from R3 suggests a short trade could be the way to go. Is there a catalyst that can reverse the slide...let us find out in the next few trading sessions.
tcs chart ready for good targettcs analysis after multiple timeframe insights. its almost near to trend reversal breakout and. only enter if markets opens with red in monday . and enter with proper stoploss as mentioned in chart .
TCS TRENDING IS CHANGINGThe price is going down by making lower lows and
Now the price is break the lower low pattern and start moving
Up by crossing 50 day sma on hourly time frame
Wait for price rejection and closing above 50 sma and go for swing trade until it cross below 50 Sma
The price may break down and the next support level
Be patience and learn from ur mistake
TCS LOOKING GOOD Hello everyone hope you all are doing well so i have came across TCS and i have found so many things which are very good and i thing TCS is getting ready for the next pump.
so, as we can see that TCS has been consolidating for the quit a while and on the smaller time frame we are seeing the INVERSE H&S i would recommend buying one it break and close about the INVERSE H&S. And i am talking about daily close and wait for the retest of 3500 level for going long .so the
BUY ABOVE 3500 WITH THE SL OF 3430
1ST TG : 3600
2ST TG : 3680
TCS Intraday Trading Set up 1 - S&R + EMAs15 MINS 100 EMA @ 3530
SELL IF THE ZONE IS broken with selling volume .
If 3575 is broken with volume , we will see more upside.
The Indicator Used:
1) Support/Resistance Levels are marked on the charts
2) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
3) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV , hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
TCS - Parallel ChannelNSE:TCS
TCS took support from lower end of Channel in 3400 range.
Buy at CMP or 3500 range for a target of around 4000.
Stop loss 3450.
TCS SWING CALL (clear support and resistance)As per analysis TCS showing good swing opportunity. TCS was trading in an parallel channel, now price is near by support, after touching support with inverted hammer and formed reverse double bottom. fib retracement shows it was a good retracement, so price can go up to the same length of fib retracement .
assume resistance in 50 sma, between 3800-3900, and 4000,and 4200-4300 .resistance can also assume as target. need to cautious at these levels. SL as between 3340-3390(support recently taken).
for study purpose only.
TCS is at his support levelIn a big time frame, it seems that TCS is at his Support level, from where we can get a good Risk reward ratio.
