Last time TCS had given fake breakout from inverted head & shoulder pattern and made out Sl reach. Now this time TCS is giving breakout from that same pattern and closing above that fake breakout too.So one can enter at this point for swing trade or buy on some dips for short term target.
Disclaimer: : This analysis/strategy is only for educational purpose and...
TCS had given breakout from Inverted Head & Shoulder pattern and retesting it . We can go long on this retesting with small stop loss to catch the big target.
Risk Reward Ratio: 1:4
Disclaimer: This analysis/strategy is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and...
Declared results today, You can interpret as per your knowledge.
But Technically looks weak till trading below 3264
Major support zone at 3215-3200
Trend Reversal if starts to stay above 3264 for sometime
IMPORTANT NOTE: Trade in 5 Min and 15 Min Time frame, the TradingView is not allowing to post in the smaller time frame and I'm not interested to buy premium plan so please trade as per given time frame and level and targets Thanks.
TCS Future trade analysis.
Buy at 3222, if it holds the level
And trying to move upside then enter
for targets 1 and 2
After consolidating for a very long time, finally TCS has a breakout on a larger time frame and retested its support after breakout.
Now TCS is ready for an explosive rise anytime. Targets may be much much higher 4000++ in next 4-6 months.
Trading is never ever recommended as it is injurious to mankind. This is purely my study based on technical...
TCS trading near weekly VWAP and VPOC of 2250. Stock is osillating between the value area of 2275-2245 since few days. Stock noticing selling pressure at higher levels near 2295.
Move from 2220 to 2295 happened with high volume but the following selling notices lower volume. Stock has broken out above the falling trendline (blue line). Last two days, gap up...