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 trade ideas
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
#sharemarket #stockmarket #nifty #sensex #investing #trading #nse #bse #stockmarketindia #stocks #indianstockmarket #investment #stockmarketnews #banknifty #finance #money #intraday #intradaytrading #investor #niftyfifty #dalalstreet #sharemarketindia #sharemarketnews #stockmarketinvesting #business #sharemarkettips #stock #india #indiansharemarket #rakeshjhunjhunwala #bhfyp #mumbai #share #wealth #investment #market #invest #trading #investing #finance #FinancialFreedom #investor #trader #stocks #profit #investors #economy #equity #shares #nifty #stockexchange
DISCLAIMER:
.
* Please do your own research and/or contact your financial advisor before taking any trading opportunities
** We will not be responsible for your profit or loss
*** We are NOT SEBI REGISTERED
______________________
best stocks to buy today
best stocks to buy now
best stocks to buy
best stocks for Intraday tomorrow
best stocks for long term investment
best stocks to buy today india
best stocks for swing trading
swing trading strategies
swing trading beginners
what is swing trading
swing trading stocks
swing trading stock selection
swing trading kya hai
nifty analysis
nifty view
bank nifty analysis
top stocks to buy now
strong stocks
nifty view
nifty prediction
stock market view tomorrow
bank nifty Levels
bank nifty prediction
share news
stock market news
best stocks to buy now
profit booking stocks
multibagger stocks in discount
breakout stocks
best short term stocks
best short term shares
next multibagger stocks
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)
Swing trade opportunity in TCS1. Trading in a rising channel & currently trading at the lower support area.
2. At support level on 200 EMA.
3. 3423 will act as immediate resistance.
4. RSI crossover.
5. Long position can be opened with the target of 3550 in coming days.
TCS BUYING ZONE FOR LONG TERMTCS strong support at 2950
can start accumlating now in small qty for LT
fundamently strong stock
educational idea
Breakout of falling Wedge bullish pattern coming soon in TCS Tata Consultancy Services is the flagship company and a part of Tata group. It is an IT services, consulting and business solutions organization that has been partnering with many of the world's largest businesses in their transformation journeys for over 50 years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions.
Market Cap
₹ 11,66,817 Cr.
Current Price
₹ 3,189
High / Low
₹ 3,644 / 2,926
Stock P/E
27.7
Book Value
₹ 247
Dividend Yield
1.35 %
ROCE
59.1 %
ROE
46.9 %
Face Value
₹ 1.00
Debt
₹ 7,688 Cr.
EPS
₹ 115
PEG Ratio
2.65
Promoter holding
72.3 %
Intrinsic Value
₹ 2,154
Pledged percentage
0.48 %
EVEBITDA
18.6
PROS
Company is almost debt free.
Company has a good return on equity (ROE) track record: 3 Years ROE 43.3%
Company has been maintaining a healthy dividend payout of 61.4%
CONS
Stock is trading at 12.9 times its book value
Working capital days have increased from 63.6 days to 92.6 days
Behatreen company with good fundamental, with good management. Good dividend paying stock, ROCE & ROE both above 40% very negligible debt ratio. All is showing positive for this ticker. This stock already have made millionaires to many. But now according to my analysis. price action showing a bullish momentum. Stock forming a falling wedge bullish kind of pattern... which is a sign of price reversal. Very soon we can see a breakout. Still why to wait for breakout when we know this has to go only up from current level. So if anyone wants to go long, can go with given levels on chart. For trading purpose already all levels given. But this is one of the best stock to invest for long term. So buy without any hesitation for long term. You will get dividends time to time.
If you are planning to take trade for short term kind of trading purpose then please follow strict stop loss.
If you guy's like my work please do not hesitate to your love by like and follow me, and also let me know your thoughts on this Trading idea in comment box i will love to reply you.
Thankyou brothers & sister Happy Trading:))
