TCS Longterm Investment TCS is leading IT service company and also the backbone of indian IT industry.Monthly chart of TCS is clearly moving up steadily.With a longterm perspective of investment plan it can give good returns. Recently company announced buy back of shares around 4100 rs was additional confirmation for the long term move of the company
TCS trade ideas
Tcs Weekly Breakout Buy If Weekly Closing Above 4000hello dear traders
i hope u all are profitable in this greatest bull run
dear friends
i am presenting this time my analysis on TCS weekly chart
Tcs is the backbone of our Indian economy
as we can see that price breakout above almost 3 years of consolidation
so if weekly price closing above 4000
than buy between 3500 to 3900
stop loss 3300
target minimum 5300
TCS will hit 4500 and 4900 for positional buy given at 3200 nearOn 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 BUY ABOVE 4040As we can see a hurdel placed at 4040 in TCS, once this crossed by the stock, the stock is going to makr new high in the coming week, technical indicators are positive in the stock, so trade is this :-
1. Buy in cash for 4800 target in one year time frame or less.
2. Buy 4060 CE Feb expiry.
TCS Analysis & PredictionThis is the analysis of TCS in the Daily Time Frame. Watch carefully. The chart explains itself.
If it sustains above the previous resistance level, it is good for the stock.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About TCS :
Tata Consultancy Services Ltd. is an information technology services, consulting, and business solutions organization. The firm offers a consulting-led, cognitive powered, portfolio of business, technology, and engineering services and solutions. It operates through the following segments: Banking, Financial Services, and Insurance; Manufacturing; Retail and Consumer Business; Communication; Media and Technology; and Others, such as energy, resources and utilities, life sciences and healthcare, s-governance, and products. The company was founded in April 1968 and is headquartered in Mumbai, India.
TCS is break 3800 then 3700 and 3560 , buying given near 3350 ,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 positional View!!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. Not occasionally