TCS trade ideas
BEAR PENNANT IN TCS TCS is looking bearish now its is making a pennant at top
first they try to trap a buyersfrom the fake breakout at 3500
Level now after a faje breakout contineulsy fallling
Even this stock is in consolidation from jun 22 till now
Between 3500-2990 level
May this tym its break down this level
keep an eye on this
Morning StarA morning star is a visual pattern made up of a tall black candlestick, a smaller black or white candlestick with a short body and long wicks, and a third tall white candlestick.
The middle candle of the morning star captures a moment of market indecision where the bears begin to give way to bulls. The third candle confirms the reversal and can mark a new uptrend.
Script = TCS
Time Frame = 15 min
TCS LONG TERM PLANNING A Detailed analysis of TCS for Medium term Hold (1-3 months): CMP 3558
The Chart has broken down the long-term resistance at 3485, however, the CUP formation is yet to be completed. Once the CUP is formed at 3815, which certainly is our first target, the Chart will show some correction and price action to complete the HANDLE formation as displayed in the chart. Once we see the price action after completion of CUP & HANDLE formation, we are ready for a long-term hold. We can have 3 resistance level and two entry levels as our targets as detailed in the chart. The chart is accompanied by GOLDEN CROSS OVER.
Please boost, as it motivates and is the payback to my hard work for new traders.
Cup☕ pattern in tcs (long trade activated) TCS is making a kind of cup pattern on daily time frame also we can see IT sector chart is looking bullish now a days and today retest is also done so as per my analysis I found good risk reward 1:3 in this trade.I'm bullish on this particular stock. What's your opinion please share.
Happy trading.
TCS ✅ Price Test multiple time on daily and show a nice movement. And also price give false breakout {That a trap}.
✅ Now 3390-3446 Break and now price will come to retest the level and that a Grate opportunity for go long on TCS.
✅ But enter on a Proper Retest.
✅ If price not stop and go up then we have a 1 Hour resistance zone 3630-3666. on hourly price show Hevly movement.
✅ Price will react on 3630-3666 if price hit level and come to retest zone.