TCS - Buy a Good Stock on Bad Day / Slowly build positionsBuy a Good Stock on a Bad Day. / Slowly add at every support level and build positions. (20%+20%+30%+30%)
Scrip: TCS
Enter: This is an investment idea for medium term to long term horizon. Slowly build positions in the support zones over a period.
Support & Entry levels for building positions - 3720,3400, 3150, 2880 (in case market sell-offs happen)
The stock is a market leader, segment leader and Fundamentally very strong company. A TATA group enterprise.
Please note: I am not a SEBI registered Investment Advisor. Please invest and trade based on your knowledge and risk profile.
Trade ideas
TCS bullish above 3645TCS has broke it's resistance by making double bottom on a daily tf and is consolidation/accumulating above it.
I am bullish on it if it breaks this resistance.
Buy above 3645.
Targets mentioned in the chart above
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Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
Golden Opportunity in TCSWe need to keep an eye on this guy. If it will retest the level of 3350 and if we see any green candle there we are good to go long in this script for a medium term around 4 to 6 months. for 1000 points target till 4500
Since we have observed cluster of support at the entry level in this script -
1) Daily 200 EMA support
2) Previous 2 resistances would likely to become support this time.
3) A trend line would be respected third time if it comes to this level. As shown in the above picture.
Let me know if you have any questions or you can also let me know how did you find this idea.
Thanks.
Sagar
TCS : BULLISH IT Sector is booming , TCS making nice pattern
TGT - 4000 & 4250
SL - 3680
Disclaimer
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
📊 TCS Swing Target Target 🎯NSE:TCS
As one can see, TCS heading towards Bearish Harmonic pattern's PRZ. If you find reversal, then only go for short. Actually we have given long view on TCS from current swing low now it's time to book that swing long trade. New short only initiate if you find reversal.
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone).
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
TCS - Breakout CompleteTCS completed its breakout today and is approaching all time high territory again. Might pull back to 3750 before resuming the rally.
Also, strong results expected might cause it to break ATH.
Rising delivery volumes gives me high conviction in this counter.
Entry near 3760 range
T1 = 3915 (it fell from here after Q2 results and created a huge gap till 3750)
T2 = 3970 (might show resistance at all time high zone)
Stop Loss = 3715 (below the VWAP of 3725 seen on 30 Dec as we saw above average delivery quantity that day)
For educational purposes only. Trade at your own risk.
Disclosure - I do not have any current positions in TCS.
Simple Trade Setup | TCS | 30-12-2021[INTRADAY] NSE:TCS
Trade Setup for Date: 30-12-2021
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
[ INTRADAY ] TCS LONG BET
risk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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