#TCS trading bottom level,
today trading our retracement area support range 3700-3740
we can go buy above 3740 and tgt 3800 and posistional tgt 3850
once break our supprot level, it will move next bottom zone in
comming trading session.
#TCS trading resistense level,
today trading our retracement area 3766-37800
we can go sell@3767 and tgt 3730 and posistional tgt 3700
once break our resistense level, it will move higher high in
comming trading session.
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
SELL...
TCS has setup a corrective sideways move and now looks set to join the recent TECH rally. A strong break of the downward sloping channel will be the entry signal for a 5 wave rally to new highs
