KINDLY EXECUTE ALL THE LEGS If you have understood the levels shown in the chart
TCS Seems H& S in weekly any time breakout may happen.. looking good for short term effective rally will be above 3500
As the name suggests, resistance is something which stops the price from rising further. The resistance level is a price point on the chart where traders expect maximum supply (in terms of selling) for the stock/index. The resistance level is always above the current market price. The likelihood of the price rising to the resistance level, consolidating,...
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....
TCS is looking good to buy as its quarterly result is on the corner. Also, the chart shows strong support at the 3200 to 3300 zone. one can take a position on TCS as it has an excellent risk-reward ratio this position. stop-loss marked with the red line on a daily closing basis. targets are kept in the green line thank you!!!
The resistance breakout will be give a long trade opportunity. Thanks -AJ
Namaste! TCS has been one of the stocks which didn't corrected much in the "corona crash", dropping only similar to 30%. The main reasons for this stability was:- 1. IT sector still offered it's employees a work from home opportunity, so it's business didn't affected that much. 2. TCS is the biggest company in the IT sector today, and it's share price has been...
It has broken an important resistance or support zone. Buy now at 3495 for a target of 3650 and 3800. SL will be 3360. A 1:3 risk reward ratio.
Resistance around 3480 Keep stoploss at 2% of cost Higher levels can be 3800-400
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TCS is snake-ing up , making a rising wedge. Without the drawing--->
> TCS > Cmp - 3520 > Closed above important resistance level > Possible targets can be - 3640 , 3830
TCS stuck in pattern, wait for breakout on daily closing basis. lines on the chart indicates target both upside and downside.
hello folks, As last time when I am discussing this chart I have mentioned that I am not interested in those levels and I will wait for price action to come in the zone and when it came back to that zone it just gave me simple retracement move to this zone now in coming weeks I will seriously wait to built up the price action for me and that will lead the market...
Buy on dips for the week. SL weekly candle close below red trendline