TCS trade ideas
TCS INTRADAY SETUPTata consultancy services trading full day within a tight range with a open is equals to high price rejection pattern and in the end of the session today it reached to break triangle pattern and falling resistance trendline too relative strength indicator is also trending up it can give a good up move tomorrow if break falling trendline resistance so we can execute accordingly, check your setups too..
Note- I am not a sebi registered and authorized to give buy or sell recommendations ask your financial advisor before execution of investments and trade..
tcs Give a big brakout#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
TCS give a big breakout chart patter ASCENDING TRIANGLE PATTERNTCS GIVE A Breakout on 15 min time frame ascending triangle pattern
#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
TCS - Short Term BuyTCS - NSE:TCS - Short Term BUY
TCS (Tata Consultancy Limited) has been falling since last few days due to agressive selling in market . it has fallen from levels of 3300 in recent week. I Guess the impact of results has given good oppurtunity to enter this stock for short term . Kindly trade with Stoploss mentioned on chat to avoid any unfortunate trap in markets .
My Recent Buy/Sell Setup analysis on few stocks has been attached to Related Ideas below .
Happy Hunting ,
Chintamani :)
TCS Price Prediction -Aug'22In a daily time frame, TCS was observed in Falling Wedge Pattern Structure and Breakout also has done
The falling wedge is a bullish price pattern that represents a story about the market in which bulls are preparing for another push. A falling wedge pattern is bullish , although it appears after a bearish trend .The falling wedge pattern works as both a trend work as a trend reversal and a trend continuation pattern.If the falling wedge appears in a downtrend, it is considered a reversal pattern.
A falling wedge is an important technical formation that signals that the correction, or consolidation, has just ended as the asset’s price left the wedge to the upside and, in most cases, the continuation of the overall trend is taking place.
In Current structure we can see that the price has been higher than the 20 MA level ,which is good sign for Bullish and also price has given breakout above the resistance level talong with good volume accumulation.
Currently, TCS is at 3291 Rs , If the pattern continues , the price of TCS might reach the 3795 Rs level . If the trend reversed, then the price of TCS may fall to 3095 Rs level
Key Factor
Falling Wedge - Bullish Reversal Pattern
20MA - Price above 20 MA
Happy Trading ! Jai Hind !
very nice opportunity in tcs with full quantityfor understanding this trade, we have to consider very different aspects of charts on a different time frame...
first we see chart on 1d timeframe...
we have drawn 3 line...two dotted and one green line...
after 2 dotted line...we are considering this green line as a actual trend-line....because from green line...first time market is about to cross previous high...
that's why we neglected the previous two line...(dotted one)
but the risk to reward is poor in 1D time frame....
so we comedown to 1h time frame, where we can see small trend-line which is supporting upward direction move....when can also place stop loss below this trend-line .
we took this trade at 3284...for conservative way would be to take trade near trendline..which will be somewhere around 3180