TCS - Weekly AnalysisIn the Weekly Chart of TCS ,
we can see that, it is looking very very strong and bullish.
Also, it is moving towards Inverted Head & Shoulder breakout.
Possible momentums are shown in chart.
Trade ideas
TCS Bullish - Three White Soldiers on weekly chartTata Consultancy Services Ltd. is an interesting chart with following
1. RSI on all time frames (DWM) above 60
2. Price formed a Huge Green Anchor Candle with high volume on daily chart
3. Three White Soldiers pattern on weekly chart
4. ABCD pattern on weekly chart
Can be a good buy on dips and dips only with major support near 3800- 3900 zone being 50 -200 SMA zone
CAUTION : Stock is trading at 16.7 times it's book value, but it's PE is 31.81 against industrial average PE of 32.98
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
TCS ATH + BO LongDate : 13-07-2024
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BO + ATH RESEARCH TO OBSERVE
TCS Looks Good ABOVE 4211
SL 3603
Target 4483, 5027, 5570
Hold few Weeks to Months
Please consult your financial advisor before investing
All research for educational purposes only.
TCS ATH + BO LongDate : 13-07-2024
-------------------------------------
BO + ATH RESEARCH TO OBSERVE
TCS Looks Good ABOVE 4211
SL 3603
Target 4483, 5027, 5570
Hold few Weeks to Months
Please consult your financial advisor before investing
All research for educational purposes only.
TCS long term buy given at 3790 3 Target hit enjoy massive profiDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
TCS Bullish Hourlyvery clearly mentioned in chart of levels as per index and stock relative performace is matching i see a upside move in coming days just a view not a reco...
TCS BreakoutNice breakout from downward channel, Price breaking out from 20-50-200 sma. TCS looks ready to break its ATH and move to new pastures
TCS: Expectations post Q1 resuts APRIL 24 - JUNE 24Post Q4 FY 23-24 NSE:TCS was seen trading beween 4029 and 3557, bullish momentum was seen from 3557 to 4029 i.e +438 points 12.20 %.
With positive Q1(April24 - June 24) result posted, 4029 need to be taken out for further bullish momentum.
TCS BREAKOUT & RETEST SWING TRADETCS in A Very Bullish zone.
Breakout of Last month resistance & retested the previous levels.
Above 50 ema & bounce back .
Plan for a swing Trade for good results.
Bullish signals in TCSTCS took support and bounced back with a significant bullish candle. This support level was once a weekly breakout point.
Additionally, TCS found support on a long-term weekly trendline and rebounded strongly.
Furthermore, TCS has recently confirmed a breakout from a short-term trendline.
These technical developments suggest potential bullish momentum ahead for TCS. Keep an eye on further price action for confirmation.
VIEW ON TCSGood breakout on the stock
Can buy after crossing 3943 levels
Target 4100
Stop loss 3900
I am just representing my views
For educational purpose only.
TCS - Weekly AnalysisIn the Weekly Chart of TCS ,
we can see that, it has given strong bounce back from 3600 levels.
After Bounce back it has shown respect to the move and created a inside candle.
Enter on breaking Candle's High with Low as SL.
Expected momentum is shown in chart.
TCS inverse head and shoulder dailyTCS is forming inverse head n shoulder pattern and can show a upside till 4050 with SL 3800
TCS Bullish outlookZIGZAG Pattern completed
Now price break above upper boundary line of corrective ZIGZAG Pattern,
Price could move to a target level of 4200
Wave (B) = retraced Wave (A) by 23.6%
Wave (C) = 78.6% down side project of Wave (A)
TCS Bullish outlookZIGZAG Pattern completed
Now price break above upper boundary line of corrective ZIGZAG Pattern,
Price could move to a target level of 4200
Wave (B) = retraced Wave (A) by 23.6%
Wave (C) = 78.6% down side project of Wave (A)
TCS buy on dip , upside big Target possible on positional trade Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
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 Head and shoulderif bearish continue stock may fall furtherly
3750, 3700 and 365 are important support and demand zone
This analysis is my own idea.
I don't recommend taking trade based on this idea.
Know the market risk before trade.
TCS - THE GIANT IS READY!? #TCS
CMP 3671, SUPPORT 3648.
FINAL SHORT TERM SUPPORT AT 3597
Upside 3910/4031/4202
Above 4225 closing, keep 4202 SL ON DCLB for inverse head and shoulders breakout towards 4458/5000.
Take TCS for 25% upside Take entry above 4187Rs
Target 5160Rs
You can do SIP also in this counter. Do invest for each 3% fall and sit relax for 1 year...
TCS at monthly support level -buying opportunity TCS travelling in a channel and also taking support at previous resistance.Buy for a target of 5000 with sl of 3750.
TCS - BullishTCS is clearly taking support at key levels and clearly showing bullish and extremely pattern in chart. TCS could easily go higher once positive mood resumes.
TCS IMPUSIVE STARTTCS look like correction is end with ending diagonal above 4050 confirm and new impulsive start for taget first 4400
SL or target mention in chart ..
