TCS trade ideas
TCS in the next dayafter the price break up the resistance area he come back to retest forming H AND S pattern . if the price break the trend line and the neckline above that would mean higher prices...
TCS LONGTCS is in downtrend since 11th oct 2021. recently took support near 3380. tested the level of 3413 many times and moved up. again took support at 3463.
now clear resistance at 3515. chances are that it should get rejected from 3515 level.
so Buy TCS near 3463 ... SL 3400-3410 ... TGT 3611 - 3677 - 3808 - 3850 - 3899 - 3948.
safe can buy above 3515 keeping SL at 3463 ... TGT 3611 - 3677 - 3808 - 3850 - 3899 - 3948.
as it crosses next TGT keep shifting SL just below the previous TGT. previous TGT will act as support.
as of now TCS is expected to move up once crosses above 3515 and retest this level atleast once.
Please correlate yourself also on charts. this is for educational purpose only. must consult with your financial advisor before investing.
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TCS AT GOOD SUPPORT ZONE Long on TCS if it takes support at the zone. The idea my work only after daily strong candle closing
TCS entering in accumulation zoneCurrent price swing of TCS has already retraced 61.8% Fibonacci levels. Also RSI is near 30 indicating oversold position. Start accumulating it at the range 3360-3400.
TCS waiting for Break Out on Upside After Downtrend TCS took support and consolidating near Support - Inside CPR formed in the daily time frame. Soon it will break out upside.
TCS ReversalThe stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 3:1
SL is placed below support zone & the lower trendline. The target is placed near swing high.
TCSit will till starting of nov
then the correction will be over around 3400
then an upward trend may start which may take it 4000+
TCS-Long opportunityAT fib=0.618 . Expect reversal from here. AB=CD pattern.
Hammer at parallel channel support.
TCS daily ChartTCS is now retesting the levels of breakout. We can go long if it any bullish candlestick pattern is formed on 1 hour time frame.
long gud opportunity for investors and traders also
enter between 3620-30
t1-3673
t2-3705
.....4000
SL-3600
it will go high and high NSE:TCS
Symmetrical Triangle BreakoutTCS current trend is buy expected to reach the target mentioned on the chart. as long as not closing above 3160 will remain bearish to reach downside target mentioned on the chart.
Let's see..
tcsTCS is expected to report an increase of 4% in $ revenue. Constant currency revenue growth is seen at 5%
Falling ChannelStock Analysis: TCS has formed falling channel it is good buy now with below demand level as stop loss for the target given on the chart.
lets' see
Happy Investing!
tcs buy ideatcs has given breakout as per to the trendlines, keeping a stop at 3720 daily close, first target should be 3840, if gives a close above 3840, then use trailing stop for 4000.
