TCS trade ideas
TCS head & shoulder pattern on daily time frameTCS making head & shoulder pattern in DTF & if TCS close above 3140 then neglect H&S pattern. TCS following trendline support from 2020 so watch & trade carefully with stoploss
#TCSTCS Standing Tall After a No Overlap On weekly Basis
Strength Candle
Increasing Score
Enters Q2 RRG
Towards 3333
TCS This Stock has given a Breakdown of its Range.
Can go for Shorts with SL of 3250 - 3260
Views for Educational Purpose,
Kindly study before execution
TCS buy near 3160-3170 for 3280 targetWolfe wave structure expected.
Wait till price drops to 3160-3170 levels to buy for the target of 3280.
TCS at trendline supportTCS is on trendline support(at 3315-3325) and oversold on an hourly basis. Medium term hold with strict stop loss. Target in medium term should be around 3360.
Buy TCSRSI 60+
Making HH after making swing HL
3370-3400 level possible in short term.
Last Candle low is SL.
Rising Wedge pattern reversal in TCSTATA CONSULTANCY SERVICES
Key highlights: 💡
✅On 1Day Time Frame Stock Showing Reversal of Rising Wedge Pattern.
✅ It can give movement upto the Reversal final target of below 3220-.
✅There have chances of breakdown of Support level too.
✅ After breakdown of Support level this stock can gives strong downside rally upto below 3030-.
TCS Major buying setupTCS is making running flat in daily time frame and also running flat for entry purpose in hourly time frame, looks very good in terms for risk to reward, as you are getting entry as well directional pattern to trade, wait for break of c wave trend, and look to enter from there, keep stop below that breakout impulse, it can break the mentioned level making it as possible 9-10% of move, so good for positional trade.
TCS is overall bullish/ Dont fall for trapsthere is some retracement pending in some of the IT stocks like WIPRO , TCS . around 4-6 % retracement is pending then it is good to go for swing trading
waiting for the channel breakoutprice is moving in a downward channel after a long up move, waiting for the channel breakout to go long
TCS WTF Triangle Chart Pattern After analyzing TCS's stock, there are indications that a potential breakout may occur in the near future. Several factors suggest that the stock's price could experience a significant movement.
However, it's important to note that stock market investments come with inherent risks, and predicting breakouts or price movements accurately is challenging. It's advisable to consult with a financial advisor or conduct further research to validate the analysis and make informed investment decisions.
TCS - Swing Trade || 22nd May, 2023 #stocks Analysis Criteria Used:
1. Please find the Chart Analysis done for the Swing Trade Idea levels for 22nd May, 2023 and its upcoming week
2. The analysis for the Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups
Focus On:
1. Always keeping your Risk Management in play
2. Using a Stop Loss; because it is your Best Friend
3. Always Plan your Trade and stick to your Plan
4. Dont overthink or overanalyse
5. Treat this as your Business and get serious about it
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TCS Upmove expectedTCS is showing a W pattern
Also there is breakout above the resistance line (previously support) (yellow)
Upmove expected with a stop loss of 3216
Target is 3378
Targets could be further extended depending on the candle
#TCS IT sector company will survive it's BO or not!Stock has given BO with volume build up making double bottom or W pattern, follow chart for proper support and resistance levels.
TCS Weekly Chart looking for breakoutTCS following 80 Weeks cycle .... Rallied to 2x in 1st 80 Weeks cycle ... corrected for 80 Weeks ... now about to breakout.
IF breakouts above 3400 on Weekly closing basis we can see New ATH on TCS in coming 80 weeks -- Possibly 2x Value 7000+
Can be considered good long term Investment after Confirmed breakout.
Happy Investing
TCS SHARE WAS DESTINED FOR FALLING DUE TO THIS PATTERN
TCS had formed a perfect head and shoulder pattern on weekly chart which was nicely broken down and had finally reached the target
Falling wedge pattern reversal in tata consultancy services ltdTATA CONSULTANCY SERVICES LTD
Key highlights: 💡
✅On 1D Time Frame Stock Showing Reversal of Falling wedge Pattern .
✅ It can give movement upto the Reversal target of above 3180+.
✅There have chances of Breakout of resistance level too.
✅ After Breakout of resistance level this stock can gives strong upside rally upto above 3600+ .
✅ Can Go Short in this stock by placing stop loss below 3070.
TCS Long: Double Bottom & RSI DivergenceNSE:TCS is trading at its important weekly support level.
On Daily chart it has formed kind of Morning Star Candlestick Pattern & Double Bottom Price Action Pattern.
Positive RSI Divergence is also seen.
Volume is still rising, which suggests that there is more upside potential for the stock.
Support- 3100
Resistance- 3275/3400/3575
TCS monthly target 3500TCS going back in weekly channel. Upward journey has started. Also check daily, given inside bar BO.
3 Expected Bottom Their are 3 expected bottom for TCS, which is predicted using ELLIOTT WAVE ANALYSIS. As shown we are in the process of WAVE C. Ending of WAVE C is expected at 3 point, which are 62%, 100% & 123% (projection of WAVE C)
