TCS POSITIONAL LONG TRADE
Here is the valid Source and its Destination which has violated its opposite Supply;
This is the Demand & Supply Equilibrium Curve according to the Fresh Demand and Supply available.
We have further sub-divided the Curve into 5 areas; considering we as traders are supposed to buy low and sell high where is high and how low can it get; these areas give us an understanding about the Price position as per the Curve.
Price has come into the Demand making Lower Lows and then after reacting to the Weekly Demand Price has violated a previous High; which shows a possibility of Buyers upping their game vs the available sellers.
Finally we have a Demand formed in 45 mins which is the first Demand formed after Price has reacted to the Weekly Demand and we have a Buying momentum confirmation hence this is a Buy Trade favourable reward to risk ratio
Tcstechnicalanalysis
TCS--@Breakout or Breakdown ??I am sharing the important levels of Support and Resistance. These levels plays a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.
Take a look at these levels and trade accordingly. Recognizing and respecting these support and resistance levels can help traders make informed decisions and manage risk effectively. They serve as key reference points for technical analysis and are vital tools in successful trading strategies.
Trade safe...Thank you guys for your support
TCS--3200 Or 3500I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.
They serve as key reference points for technical analysis
Look for buy side from 3200 to 3500.
TCS --Near its Demand Zones??I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.
If price breaks the resistance, we have a chance of filling the bearish gap, soo keep in buyside until it touches the zone of resistance and bearish gap.
Take a look at these levels and trade accordingly. Recognizing and respecting these support and resistance levels can help traders make informed decisions and manage risk effectively. They serve as key reference points for technical analysis and are vital tools in successful trading strategies.
Trade safe...Thank you guys for your support
TCS--@Resistance Zone?? This stock has encountered persistent resistance within the 3460 range on multiple occasions. On the flip side, the price has consistently found support along a trendline, leading to upward movements.
It's advisable to maintain a bullish perspective as long as the price remains above this trendline. However, exercise caution, as there's a possibility of a false breakdown below the trendline, which could mislead traders and necessitate a prudent approach before considering short positions.
TCS--Will break 3400 ??observations::
facing resistance multiple times from this zone...3400 range...
if this range is broken will see a strong momentum towards upside is possible...
we have a trendline support as well...now price is at important level...
if price takes the help of trendline will be on buyside...keep track this levels...
3200 and 3400.
TCS Low Risk High Reward IdeaAs per my analysis NSE:TCS is now ready to move upside for big levels. My buy level is 3189-3195 with stop loss of 3155 (-44 Points Risk). My expected upside target would be 3234 (+45), 3275 (+85) & 3435 (+246). This could be very low risk and high reward opportunity.
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
TCS Intraday ViewLong above 3166, Keep trailing profits as per the resistances mentioned. SL - 3120
Short Below 3128, Keep trailing profits as the supports mentioned. SL - 3170
One can also do scalping with the help of support and resistances mentioned.
NOTE: Please wait for the market to settle down once it opens. Don't just jump into any trade without understanding the trend
TCS Trend AnalysisPrice is now at key support level.
Though the fundamentals are good, valuation is at a higher side.
Expecting IT INDEX to fall another 17% towards 25500 level, which may drive it low towards 2750 level.
Trendline support will provide confluence at that level.
Its better to accumulate around 2700-2800 level for the following targets:
1) Short term swing target @ 3400 (23.5% ROI with 3.25 R:R)
2) Medium term swing target @ 4000 (45% ROI with 6.25 R:R)
3) Long term positional target @ 5300 (92.5% ROI with 12.75 R:R)
Stop loss optional @ 2550
Do your own due diligence before taking any action.
Peace!!
TCS 1DTCS currently at the bottom of a crucial zone. It can give a good move either side.
If it breaks down expected target can be around 3100.
If reverses from this zone one can expect a target of 4050+
Trade safe. Manage risk. Be profitable.
Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries.
Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
BUY TCS AROUND 3380-3400 AVG @ 3315 TGT 3600/3900/4300 SL 3175 After missing the estimates in the second quarter, it took a healthy correction of almost 18% from the high and currently very near to 200DMA point which will be acting as a support for the stock, It is a high time for adding the stock in the portfolio after such a healthy correction for the above mentioned target with given stop loss.
TCS Daily TimeframeSNIPER STRATEGY
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly however it can work any timeframe above three minutes.
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There is a lot more about this strategy.
It can predict and also it can give you almost exact buy or sell time on the spot.
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