TCS is moving in a Down Trend, making Lower_lows each time.It will be interesting to watch TCS Price Action on Monday. There is High Probability to achieve Target 1. Please Check the Trend before initiating a Trade, by whichever signal you rely on. Trade Wisely and Smartly.
Price is moving in a Parallel Channel - Simple as it seems . High Probability to achieve Target 1. BEFORE INITIATING A TRADE,PLEASE CHECK THE TREND BY WHICHEVER SIGNAL YOU RELY ON. TRADE SMARTLY AND WISELY.
From past few days , price can be seen moving in the ascending channel. In today’s session price has crossed 200 and 50 EMA UPSIDE. There’s HIGH PROBABILITY TO ACHIEVE TARGET 1 . Also , If the 50 EMA crosses 200 EMA (upside-and sustains), it can become super bullish and can even achieve Target 2 and go above . PLEASE CHECK THE TREND BEFORE INITIATING A TRADE...
The price was moving in a Descending channel which breached DOWN 50 EMA and TESTED support at 100 EMA (like always) and re-breached UPWARD 50 EMA and took support on it . There's High Probability to achieve Target 1 . One cannot deny the possibility of achieving Target 2 (but with lesser probability). The price looks strong overall ,as on higher TF the trend is...