TCS trade ideas
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 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 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