Inverted head and shoulders makes it long trade in TCS
As per my analysis we can take this trade as shorterm short as clear Head and shoulder broken.
after 2 weeks of consolidation flag pattern is getting broken in 1 hour pattern
Monday will decide whether it goes up or down. In a daily timeframe it's showing inverted hammer. If Monday goes down 730 can be stop loss. if it goes up 800 can be target.
Rallis has given monthly breakout and came back to tests the levels.
minimum 30% upside we can expect.
Triangle range breakout