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 trade ideas
TCS looking weak now we get 250 points on upside On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
TCSNSE:TCS
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
TCS ready for 3800+ For all trade on my Auto Harmonic patterns indicator trade setup -
Risky trades can take trade after crossing 23.6% on either side and safe traders can take trade after 41% We can start buying when our Trailing SL hit at 23.6% with SL of recent low our Target will be 41%, 78.6% , 127.2% 161.8% and 223.6 % , when reversal pattern appears on chart we have to trail our SL if trailing SL hit exit from long trade and initiate sell trade ,
Ascending Triangle pattern breakout in TCSTATA CONSULTANCY SERVICES LTD
Key highlights: 💡⚡
✅On 1Week Time Frame Stock Showing Breakout of Ascending triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 4145+.
✅Can Go Long in this stock by placing a stop loss below 3350-.
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! make it or break itThe chart is pretty self-explanatory :) Bias to green provided the IT sector flies. Check our previous idea below.
DISCLAIMER: We are not registered. We are not advisors. The ideas mentioned here are merely for educational case study purposes. Please consult your Financial advisor before investing.