Stock has corrected / reversed the entire move started in Nov 2017. RSI is also in oversold zone on a weekly basis. Plus promoters buying stock from open market. All signs promising.
Stock has seen very good move from 2450 levels over the past 7 days. While stock has broken a trend line on the upside, double resistance awaits at 2900 and 2950 levels. Sell for downward move of 3-5%
Stock has broken out of a nice channel with decent volumes. Strong accumulation was seen around 50 levels and first signs of break out after recent run. Looking for targets of 90 and then 95
Stock has had a decent run in the past couple of months but now faces multiple resistance levels. Recent run has not been on outstanding volumes hence difficult to carry forward momentum and break up upper end.
Good possibility of it inching 4-5% higher and then seeing a decline.
Target 350
On weekly charts, TCS has reached upper end of resistance zone. Stock has failed to clear this level for the past 4 years. looking for a short opportunity for 5-7% move. Target. 2580.
Has done literally nothing over the past 7 years but now with fresh exuberance, stock has the ability to sustain multiple year resistance levels. Higher levels expected soon with immediate target of 400 and subsequent target of 500
Stock has broken trend line on the upside on weekly charts and also has a golden crossover on MACD. Looks strong from here for immediate targets for 20 and then 25
Stock has corrected 30% from top and now is likely to take support at 50% retracement on weekly charts. Can be bought with long term outlook in mind.
No target assigned.
Haven't seen a chart like this in a while. After a deep decline, stock has started moving up with heavy volumes. Something serious at play. Medium term positional buy.
Stock has good support at 125-130 levels but has resistance around 165. Stock is in the zone of uncertainty but can start a trajectory of its own.
Can be considered to be a part of core holding.
No target assigned.
Stock has been in a range over the past 1 year and has formed an ascending triangle pattern. Good probability of stock breaking the range and moving towards 1100 levels. (Chart is weekly)
Long term investors can consider this as a part of their core holding
Stock is moving beautifully in a channel on weekly charts with each spike met by good volumes. Chances of a correction in the short term is very likely as price is reaching the upper end of the channel.
In case of a correction (high probability of a 5-7% correction), it should be used to enter the stock as a core holding as it is in a secular uptrend.
