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
Trade ideas
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 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.
READY TO BOUNCE BACKTata Consultancy Services Limited
On the weekly chart, the stock has witnessed strong bounce back from its earlier breakout zone of 3400 levels
Rising volumes at breakout zone implies increased participation
On the long term charts, the stock is trending up forming a series of higher Tops and Bottoms On Friday
The stock is well placed above its 20, 100 Day SMA which reconfirms upside momentum
The daily strength indicator RSI is in bullish mode along with positive crossover which supports rising strength.
indicate an upside of 3700-3750 levels
TCS has fully correctedHey Folks,
It is forming hammer near 20 EMA and took support from trendline.
Aggressive trader can buy from here as SL will be smaller and conservative trader can buy after confirmation on daily timeframe. On D TF if is breaking 20 EMA you can long conservative ones.
thanks! NSE:TCS
TCS share price target technical analysisTCS share target price target one in the TCS share will be 3950 rupees.
Similarly, as per the Fibonacci retracement in the share market in the stock market TCS share target price is 4500 hundred rupees.
Here resistance become support on daily/ weekly timeframe .
TCS share news price target technical analysisTCS share target price target one in the TCS share will be 3950 rupees.
Similarly, as per the Fibonacci retracement in the share market in the stock market TCS share target price is 4500 hundred rupees.
Here resistance become support on daily/weekly timeframe.






















