TCS - INDICATOR ANALYSIS📊 Script: TCS
📊 Nifty50 Stock: YES & Nifty IT
📊 Sector: Information Technology Services.
This stock pick is according to my study. I have use 4 indicator that is
BOLLINGER BAND
MACD
RSI
DOUBLE MOVING AVERAGE
📈 Stock is trading near at upper band of BB.
📈 There is MACD crossover.
📈 RSI is around 59.
📈 There is crossover of double moving average.
🟢 Target 🎯🏆 - 3498
⚠️ Stoploss ☠️🚫 - 3231
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
TCS trade ideas
TCS now good for sipBased on my technical analysis I think TCS is now on good trend support so if anyone wants to invest in TCS then this is the right time to invest via SIP,
give at least 2 year and I think this will give you 50% return in 2 year.
As per my technical analysis I think this stock will go upto 100% of from current level.
Please contact to your advisor first before investing
TCS Mid term Bearish Channel - Target 2810, 2700 and 2458. TCS is currently oversold, and might see technical bounce 3229 short term. But mid term trend has been bearish and we could see TCS hitting lower prices while have technical bounces on the way. Parallel channel trending towards, price will test lower end of the channel, expect levels 2810, 2700 to break and gap fill at 2458 . Projecting time with target is difficult, but expect this to happen in next 3-6 months or even earlier.
TCS touched its bottom, NOW go bull!!tcs has touched its bottom, as you can clearly see in the chart.
i have even said about macd which is also saying to go bullish.
previously i had posted on nifty IT, saying that it also has bottom itself, and will now move up.
tcs consists of about 25% of nifty it.
TARGET- 3800, TAKE A LONG SWING TRADE.