TCS
TCS - Expecting good bounce back TCS is currently on major / long terms support line. any break in this current level makes major fall in TCS - watch it and add to list.
Considering all global markets closed +ve yesterday, we can expect good bounce back.
Also current level 2000 (Whole number) generally act as good support levels - watch it.
Keep watching
Nifty 50 Intraday Trade setup before the expiry 22 JanuaryIn this chart you can see that I only give Buy signal only because on the chart I didn't seen any short signal . There is 2 levels to open a long. You guys need to wait for support level which is good to build a long position in Intraday or wait to breakout the yesterday High,
TCS Dec Quarter result, but technically Let Us See the NSE:TCS Dec 2019 Q3 results,
Net profit rose 1 percent sequentially to Rs 8,118 crore in the quarter ended December, Actually met the estimate and Revenue rose 2.3 percent quarter-on-quarter to Rs 39,854 crore—in line with the estimate of Rs 39,836 crore. Operating profit, or earnings before interest and taxes, rose 6.5 percent to Rs 9,974 crore. And TCS have announced interim dividend to the shareholder (Source: Bloombergquint). Even the results are on positive side stock went negative side on today's trading day, as fundamental stock is looking good.
As per technically stock is completed third wave and formed a triangle wave in 4th wave correction, so far stock has to break for levels of 2274 to go long, if market goes on negative side then the targets are around 2000 and below. for long - target arrived through technically is 2800 around if it breaks the all time high. will wait and see what market has for us.
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Disclaimer: Stock updates are only for educational purpose.
Nifty 50 Intraday Setup for Monday 20 JanuaryHello Everyone,
Nifty is struggling on Harmonic Prz ( Possible reversal zone) which is on 12384. Tested Multiple time and give a reversal in Intraday but this gonna to breakout today. We need to consider a long Position above 12400. Stop loss should be 12352 Closing Basis .
Regards
CodeViser