Nifty 50 & stocks trend analysisSummary of behaviour of nifty & banknifty & other stocks after US election voting count as on 4th november 2020.
TCS
TCS - Cup & Handle Pattern - Intraday/Very short term swingThis analysis is purely based on price action
The analysis is on 15min TF hence target can be achieved in intraday trade or in couple of days
Trade strategy is explained in image itself (Entry above high of breakout with SL in range of 2675-2672)
Always plan your trade & trade your plan
Keep trailing SL accordingly once in trade
Trade at your own risk and money management
Feel free to comment for any queries & suggestion
TCS - Inverted H&S pattern - intraday/very short term swing This analysis is purely based on price action & chart patterns
The analysis is on 15min TF hence target can be achieved in intraday trade or in couple of days
Trade strategy is explained in image itself.
Keep trailing SL accordingly once in trade
Trade at your own risk and money management
Feel free to comment for any queries & suggestion
Live Intraday Trading - Continuation of profit taking !!Continuation of profit taking !!
Lot of buying has been happened in the IT market in recent times . Just a sign of weakness in the market and profit taking start's .
That's the current scenario of most of the right now !!
HOW I BOOKED 1.5 % IN CHOLAFINTrade based on
1. trend line support and rss
2. Rsi
3. Fibonaaci
4. Price action
TCS viewTCS is facing some profit booking after earning result.
SELL if, sustaining below 2821 with strict stop loss and gap fill pending.
Live Intraday Trading - A trend following momentum trade !!TCS has got all the good news along with nifty for going uptrend , just a good entry and good management of a trade !!
Live Intraday Trading - Profit Taking (Part 2)As this is the continuation of previous video , in this video you could watch how I added to my shorts in this video and took a bit of partial.
Live Intraday Trading - Profit Taking (Part 1)As everybody knows there's a lot of good news going on in TCS , that's the reason everybody has bought TCS even at higher valuation . But , at this stage even the market need's a bit of rest and at the same time the TCS one of the big bull of Indian Stock market need's a rest . That's the reason the market and TCS stock's are coming down.
Live Intraday Trading - Trading a positive news in a stock !!A gapped up opening in the morning , similarly a positive news in the stock . Just waited for a perfect entry .
Usually the stock in news are very volatile , so they must be traded very cautiously .
TCS does it give similar returns like infy or other it stocks?I am looking at TCS for long time, well for one month, but it did not brake to new highs.
Now it broke the descending triangle pattern.
Does it give the similar brake out like infy or wipro?
Let see
Your humble trader
Kiran
Bullish Shark - TCS - 2 Hour TF.Hello,
Pattern : Bullish Shark
Stock : NSE:TCS
Time Frame : 2 Hour TF.
Always look for reversal patterns in rectangle box area which is a reversal zone and take trade basis on it.
Note : This chart is only for study and reference purpose.
TCS resistance Break | 3000 + comingTCS just broke the supply really undervalued companied among other tech giant having price in $ not justifying the price here.
this stock value more than 5000 rs we just stated here
below 2350 is a good buy with stop below 2100
TCSWait for a breakout above 2358 for a safe fresh entry.
There has been a long uptrend followed by a consolidation at these levels.
R-0202 Cash Buy TCS @2275.00-2280 SL 2214 TGT 2395Short Terma Cash Buy TCS @2275.00-2280 SL 2214 TGT 2395
Crosses the pivot point 2267 and next resistance 2318/2378/2490
We expect the momentum to continue as its above VWAP and TK cross over with MACD cross over
