BIG BREAKOUT! ALL TIME HIGH Targets would be 3600, 3800 on swing levels Stoploss would be a close below 3320 levels on daily charts
Most of the large caps mimic the same setup. Long term bullish trend intact. Measure move on horizontal ranges S/R Bullish ascending triangle. LONG TF out of it! NSE:TCS
It broke 3124(R1) and now about to break 3168(R2). MACD cross at 3122, RSI indicates more upside. TK cross over at 3088 on hourly chart. Ichimoku cloud break out at 3101 and look set for getting close to nest resistance 3256 which is close to our TGT.
symmetrical triangle at supports :)
TCS on a strong trend line support 3200 CE very lucrative......
POSITIONAL INVESTMENT VIEW IN #TCS BREAK OUT RETEST 3130 - 3140 BUY TCS 3130 - 3140 STOP LOSS - 3040 CLBS TARGET -3250 3300 3050 3600 ++++
TCS IS NOW ON A TREND LINE SUPPORT GOOD TIME TO GRAB THIS GIANT STOCK FOR SHORT AND LONG TERM
Disclaimer: for education purposes only and not recommended for trade Intraday position for #TCS for #intraday on 23/04/21 and each line has it's own entry and exit point.
POSITIOAL INVESTMENT VIEW IN #TCS TCS LOOKING VERY STRONG CMP 3080 KEEP ADDING TILL 3040 STOP LOSS - 3000 CLBS TARGET -3200 3400 3600 +++ NEW HIGH
broke previous trendline and closed above ressitance level good entry for intraday or small positional trade
TCS bounced from FIB 23.6 and still can go up anytime after retesting short term resistance. Also it is making an inverse H&S should bounce perfectly if everything goes as planned.