Tcs is being in a channel from past few days Tcs is being in a channel from past few days If tommorow market open flat and breaks the channel pattern either side we can take a trade
TCS trade ideas
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--3400 or 3200??Observations::
Before going to rise again, price wants to test the demand at 3200 range.
Previously strong fall is observed from this zone @3400 range,
now its showing again bearishness...if this continue to fall happens up to 3225-3200 range..
look for buy in this zone...
we have a strong demand zone previously in this level, may again push the price above 3400 range.
TCS BULLISH DIVERGENCE TRADE SIGNAL - BUY(a) TCS has formed a strong bullish divergence pattern on the daily chart indicating bullish movement
(b) It has also CROSSED OVER 200 SMA recently making the likelihood of the bullish movement even more stronger
(c) On top of that it has also broken out of the resistance NECKLINE of the recently formed HEAD & SHOULDER pattern which it had earlier respected & had tested a few days ago
(d) All these above mentioned patterns are indicating that tcs is ready for a ride upwards
TCS viewsAs disclosed, in the chart drawing, this is a special example of looping the zone, to take a rigid grip around the support zone.
Worth watching it if it happens as per the analysis.
TCS is in good accumulation zone for larger upside in makingTCS being the mammoth of the Indian IT pack..is showing strength and decent consolidation with accumulation. Trending around lower end of Fabonacci levels making it a good candidate for accumulation in portfolios with averaging till 3100 level in down side and target of 3550-3750-4000+ in next 9-12months. RSI shows oversold position with growing delivery volumes. Making it a tempting buy with larger upside and much lower downside from existing levels. Valuation wise too it has corrected to fair value as compare to peers, hence this will lead the IT pack revival in next couple of quarters.
tcs idea for long at retracementslong when the latest retracement is completed. levels mentioned in the charts.
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
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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.
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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.
