TCS trade ideas
TCS Lets just hope that TCS should not be the reason to bring NiftyIT down.
It did began an upmove from the demand zone yesterday, however the trend is negated today.
Pretty much all indicators are bearish.
#stocks
TCS Daily Bullish Bat
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL BUY
TCSTcs tooked support as per price action, one can go long at current level or in dips with mentioned key levels in chart
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
BUY TCS AROUND 3183 TGT 3300/3450 SL BELOW 3170 The Scrip is @ support and trying to hold 50dma which is a good level for short term entry for prescribed target and stop loss. As the results were below expectation but they were not that bad to make any further downside move as dollar is supposed to be strong in upcoming time.
TCS i think ,it will come down to 3180 and bounce back to 3443. this is only my though process ,no any suggestion to buy or sell.
TCS BuyTCS Buy Based on the chart pattern, use only long position trading
TRADE SETUP
Entry 3360
Target 3600
stop loss 3263
TECHNICAL
Cup and Handle Pattern
volume good
Disclaimer :- the above is shared just for educational purpose and is my personal view. by no means shall I be accountable for any debits
I am not a SEBI REGISTRED ANALYST, So please consult your investment advisor and take rational decision
TCS Daily Bearish Crab
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL SELL
TCS 4HRBearish Crab
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL SELL
TCS educational chart analysis for swing tradeTCS forming just like asending traingle pattern Not proper ascending triangle but something like that, so breakout will happen both side but bullish side is good for swing trade after proper breakout.
Note:- This analysis is only for educational purpose do your own analysis and disscuss with your financial advisor
TCS........ results nearing....Results season starting with IT Sector.... 8th July....
Buy on dips...
levels marked for trading....
Like.... Share... Follow...
TCS CHART VIEWRSI divergence is being seen from a long time as shown in the chart. Also TCS is showing signs of making a short term top near these levels.
Hence, It would be wise to stay away from this stock for the near term.
