tcs idea for long at retracementslong when the latest retracement is completed. levels mentioned in the charts.
TCS trade ideas
Tata Consultancy has done a Trend Breakout as expected. Tata Consultancy Services (TCS) has recently experienced a breakout from its previous trend and is expected to retest a lower level at the highlighted support. The bearish momentum observed in the past few days has confirmed the anticipated bearish breakout. It is important to observe the price reaction at the highlighted zone following the retest from the support level.
TCS BUY
Source : Weekly Demand
Destination : Weekly Supply
Confirmation : 4H
Trade : Long
Zone : 60 min Demand
Entry : 3288.70
Sl : 3265.15
Tp : 3436.85
Risk : 23.55
Reward : 148.15
Ratio : 6.29
TCS - POSSIBLE BEARISH MOMENTUM ON THE KEY LEVEL FORMED
For more updates, please follow my TradingView page, and if you find the content useful, kindly hit the "thumbs up" button to show your support. If you have any queries regarding trading, please feel free to send me a direct message on TradingView. Additionally, please share this content with your friends who may find it beneficial.
Please note that any trading updates provided here are for educational purposes only, and it is always advisable to conduct your own research before making any investment decisions. It is important to ensure that all conditions are met before following any trade plan suggested in this update.
TCS w pattern break outThere is bullish pattern break out in TCS.
We can expect 5 to 6% movement in coming days..
TCS - Bullish Swing ReversalNSE: TCS is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
Preempting Move .Expecting a Good Green Candle for Today which should Close around 3310 and then expecting so more up move for this month which can extended up to 3363.
please Asses your risk before entering the trade.
Preempting the candlestick pattern...
All the best.
Gratify if you appreciate the practice then you can like it, share it and
If you want me to investigate any chart for you then would cherish doing that for you.
Thank you for your time and support.
Stay safe.
short Tata consultancy servicesNSE:TCS has formed a double bottom pattern. But it had not given the breakout It's still below the neckline. And the volume is also low as well as the 50 moving average is downwards direction. The 50 moving average is working as a resistance right now. So it's good time to take a short position.
target 3101
stoploss 3237
TCSCMP 3286
SL 3270
Target 3300++
Looking like coming out of a consolidation phase and ready for next move.
TCS bullish breakout of w pattern.There is bullish Breakout in TCS.
On daily chart their is technical price action break out of W pattern.
One should hold TCS for short term gain.
Long Trade on TCS1. Rejection From Demand Zone
2. Taking Support at Previous Swing, Regained Buyers territory
3. Broken Trendline
Resistance @ 3339 to be watched
Final Target 4000
TATA CONSULs HEADING TO A NEW HIGH CLOSE TO Rs 3400Price of TCS is breaking above the support with a breakout and pullback formation.
Here we are expecting the prices to revisit the highs close to Rs 3397 with the next move.
TCS - Weekly AnalysisIn the Weekly Chart of TCS ,
we can see that, it has a recovery in W pattern.
Bullish Candle is foamed on support.
Enter on breaking its high with Low as SL and Go very Long.
Review and Trading plan for 17th AprilNifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
TcsTVs got new news regards the CEO and more if it goes above 3260 it goes up to 3300 due to selling pressure it's going down words if it touches 3190 it may go downwards even macd shows a down trend rsi chart has gone below 40
TCS: 11th April: Hit or Miss ?TCS looks promising on charts before results.
Take the range marked seriously and identify your Risk Reward accordingly.
My version of TCS --> Take Charts Seriously :D
Luck!
TCS Go for longHarmonic pattern formed in Dailytime frame
first target wil be 3373
second target will be 3575
