TCS Ready for Bounce
Current Market Price (CMP): ₹3,647
Stop Loss (SL): ₹3,430
Target 1: ₹3,784
Target 2: ₹3,986
📊 Market Insight:
TCS is showing signs of a potential bounce, closely mirroring the NIFTY IT index. The stock has formed a base on the daily chart and recently breached a small resistance, suggesting bullish momentum may follow.
💡 Trade Setup:
With April’s quarterly results on the horizon, increased activity in TCS and the broader IT sector could present a short-term trading opportunity.
⚠️ Caution:
The market remains volatile—practice smart position sizing and maintain a strict stop-loss to protect your capital.
📌 Disclaimer: Not a SEBI-registered advisor. Always conduct your own research before making any investment decisions.
#TCS #NIFTYIT #StockMarket #TechnicalAnalysis #TradingOpportunity #MarketUpdate
Current Market Price (CMP): ₹3,647
Stop Loss (SL): ₹3,430
Target 1: ₹3,784
Target 2: ₹3,986
📊 Market Insight:
TCS is showing signs of a potential bounce, closely mirroring the NIFTY IT index. The stock has formed a base on the daily chart and recently breached a small resistance, suggesting bullish momentum may follow.
💡 Trade Setup:
With April’s quarterly results on the horizon, increased activity in TCS and the broader IT sector could present a short-term trading opportunity.
⚠️ Caution:
The market remains volatile—practice smart position sizing and maintain a strict stop-loss to protect your capital.
📌 Disclaimer: Not a SEBI-registered advisor. Always conduct your own research before making any investment decisions.
#TCS #NIFTYIT #StockMarket #TechnicalAnalysis #TradingOpportunity #MarketUpdate
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.