TCS // Levels // 1 hour "Welcome to SkyTradingZone "
Hello Everyone 👋
TCS (Tata Consultancy Services) on a 1-hour timeframe,
Support Levels:
₹4,420
₹4,400
₹4,380
Resistance Levels:
₹4,460
₹4,480
₹4,500
Trend Analysis
Current Trend: Assess if the stock is in an uptrend, downtrend, or sideways trend by examining the price action over the past hour or several hours. This can be determined by looking at the direction of the price movements and trendlines.
Draw Trendlines: Connect recent highs or lows to visualize the trend. An upward trendline would connect higher lows, while a downward trendline would connect lower highs.
TCS trade ideas
TCS // levels // 4 hour "Welcome to SkyTradingZone "
Hello Everyone 👋
Employee categories
TCS hires freshers for three categories: Ninja, Digital, and Prime. The Ninja category offers a package of Rs 3.36 lakh per annum, while the Digital and Prime categories offer Rs 7 lakh and Rs 9-11.5 lakh per annum, respectively.
Current Price: 3,520.75 INR
Day’s Range: 3,510.00 - 3,540.00 INR.
Key Support and Resistance Levels:
Support Levels: 3,500, 3,480, 3,460
Resistance Levels: 3,540, 3,560, 3,580
TCS Hold 1 or 2 weeks
Entry @ 4450 to 4455
Risk 15 points
Target 1:5 and 1:8
SL 1Hr candle close only, Target Trigger Price
All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 to manage modified SL. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions
TCS Caution while Trading Divergence MoveHello Traders,
As we all know the Current trend of the IT sector is bullish & as we can see TCS making new highs.
But will the breakout move sustainable or not.
On the hourly chart there was a Strong volume on Last 2 hours of Friday session.
Is it a Volume trap shown to us or something else is Cooking inside. Dont just rush to trade TCS on monday.
Just wait for the confirmation for the breakout levels to be Retraced on higher timeframes.
Thank You
Prince
TCS Swing TradeHello Traders,
As we all know Pharma, IT, FMCG is driving the market right now.
As the sector is bullish, just keep an eye on TCS about to make Fresh Highs.
Volume confirmation seen on Last 2 hours of Friday session.
Once breaks above resistance plan for a swing trade with LOW RISK & HIGH REWARD.
Educational Purpose Only
Thank You
Prince
BREAKOUT TCS📊 Script: TATA CONSULTANCY SERV LTD
📊 Sector: IT
📊 Industry: IT - Large
Key highlights: 💡⚡
📈 Right now the stock is in upward movement as per the daily charts from Aug 14 2024 with key support levels at 4460(S1) and 4390(S2) and resistance seen at 4592 being 52 week high. RSI is in overbought category will look for divergence in case of pattern reversal. Stock is trading above 50 and 100 days EMA.
📈 As per 15 mins chart the stock is trading in the range of 4460 and 4560 testing resistance again at 4560 on closing basis on Aug 30 with high high volume green bar. RSI is bullish and not in oversold category. 50 day EMA of 4534 is acting as crucial support.
⏱️ C.M.P 📑💰- 4553.75 entry at 4500
🟢 Target 🎯🏆 - 4800
⚠️ Stoploss ☠️🚫 - 4350
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
BREAKOUT TCS📊 Script: TATA CONSULTANCY SERV LTD
📊 Sector: IT
📊 Industry: IT - Large
Key highlights: 💡⚡
📈 Right now the stock is in upward movement as per the daily charts from Aug 14 2024 with key support levels at 4460(S1) and 4390(S2) and resistance seen at 4592 being 52 week high. RSI is in overbought category will look for divergence in case of pattern reversal. Stock is trading above 50 and 100 days EMA.
📈 As per 15 mins chart the stock is trading in the range of 4460 and 4560 testing resistance again at 4560 on closing basis on Aug 30 with high high volume green bar. RSI is bullish and not in oversold category. 50 day EMA of 4534 is acting as crucial support.
⏱️ C.M.P 📑💰- 4553.75 entry at 4500
🟢 Target 🎯🏆 - 4800
⚠️ Stoploss ☠️🚫 - 4350
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
TCS BULLISH BREAKOUT ON DAILY BASISTCS IS BULLISH IN THE chart and can be seen for more up trend 4632 reversal from 4432 can be support for the tcs.
target for upside can be 4632, 4955 in coming future.
stoploss can be 4363 those who are entering after reversal from 4432 so after breakout of 4565 can be upside more promising.
#tcs #itsectorstocks #stocksinthenews #indianstocks #indianstockmarket #bullishstocks #august2024 #recentstocks #stocksintrend #uptrendstocks #uptrend
TCS Breaks OutTCS Breaks Out of Inverse Head and Shoulders Pattern: Bullish Momentum Ahead
Tata Consultancy Services (TCS) has formed a classic inverse head and shoulders pattern, a well-known bullish reversal indicator in technical analysis. This pattern typically signals a potential shift from a downtrend to an uptrend.
The structure of the inverse head and shoulders pattern is characterized by three distinct troughs: the first and third being the shoulders, and the middle, deeper trough representing the head. The neckline, which connects the peaks between these troughs, serves as a key resistance level.
Recently, TCS has successfully broken out above the neckline, confirming the bullish reversal. This breakout indicates a strong potential for further upside as the price momentum shifts in favor of the bulls. The breakout is often accompanied by an increase in volume, further validating the strength of the move.
With the price now above the neckline, TCS could see a continuation of the uptrend. The measured move from the breakout can be estimated by projecting the height of the head from the neckline upwards, which suggests a significant upside target.
TCS
TCS is showing strength on the daily chart, with the stock finding support at the 20-day Moving Average (MA) and resuming its upward trend.
The stock closed with above-average volume, indicating strong buying interest.
TCS is exhibiting relative strength, outperforming the broader market/index, indicating its stock strength is improving compared to the overall market.
TCS Set for Major Breakout as It Tests Key Resistance Levels
✅ **The stock** has been trading within an ascending channel supported by a strong 4.6-year-old trendline, indicating consistent bullish momentum.
✅ **Recently, TCS** is testing a crucial 3-year-old resistance level at ₹4300. A breakout above this level can signal the start of a significant upside movement, potentially leading to new highs.
✅ **The 100 EMA** is acting as strong support, helping to maintain the bullish structure. The stock remains above this key moving average, which aligns with the lower trendline support, making it a solid area for accumulation.
✅ **Watch for** a breakout above ₹4300. If TCS sustains above this level, it may rally further.
Tata Consultancy Services Ltd.(EDUCATIONAL PURPOSE ONLY)There is no guarantee in Stock market and Nothing over week.
STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY, NOT BUY OE SELL RECOMMENDATIONS)
Tata Consultancy Services Ltd.
TARGET RS 4500
CMP RS 4295.25
ENTRY RANGE RS 4250-4340
STOP LOSS RS 4180
Disclaimer: I am not Sebi Registered.
TCS C&H pattern seems completed- Target close to 5163TCS has completed long term correction phase as well as completed C&H with depth of around 1100 points with neckline around 4041 so that gives a target around close to 200% fib retracement that is 5163.
NIFTY IT index is also near to close the C&H pattern and if that happens that will pull most of the healthy IT stocks i the rally and TCS is the leader.
I would wait for this month closing and if it closes above ~4300 (above yellow line) then the trade will be active. If stock moves higher then would buy like to buy on retest.
* It is not a trade advise but technical analysis shared based on my understanding of patterns and personal experiences, please take any trade with applying your analysis and at your own risk.
TCS flag & pole, inverted head & shoulder view- reached pole & flag resistant line waiting for breakout
- reached inverted head & shoulder neckline waiting for breakout
- 3 white soldiers candle formed by following last 3 weeks of trading season
This analysis is my own idea.
I don't recommend taking trade based on this idea.
Know the market risk before trade.