TCS trade ideas
Estimated to Deliver strongest quarterTcs has formed a Cup pattern clearly visible from 1d to 15m charts ,upside could be from the range of 5-20%
Disclaimer:- For educational purpose only.
Wolfe in TCSon 4 hr chart TCS has formed wolfe connecting is 1 st HH with HL ie. fourth point of wolfe....5th point of wolfe has shown reaction to supply zone...
Longlet it correct tomorrow
buy around 2995-3005
SL=2989
t1-3100
t2-3150
tgt might take 2 working days
gap down expected buy opportunity at 3000
buy as per risk reward
Tata Consultancy services shares - possible drop to 2950Tata Consultancy services shares - possible drop to 2950
TCS: moving upward 🚀 swing setup TCS breaks all resistance and moving upward... short-term setup at buy (3130-3160).
TCS just before a moveTCS broke trendline and looking for an support zone area. It can take support in two areas before taking a further up move.
This idea is just for an educational purpose. Take advise before taking any trade.
TCS watch out and go loooooooooongTCS completed Elliott corrective wave and begin new cycle of Impulse wave! Also price is getting good support at Fibonacci retracement level of 2950.
IF price already broke above triangle, Go Loooooong!!!!!!!
TCS Long broke previous trendline and closed above ressitance level good entry for intraday or small positional trade
TCS - Trendline BreakoutTATA CONSULTANCY SERVICES
Breaking Out Trendline
Bouncing off Main Trendline
Bouncing off 100 Daily MA
Targets in Green
TCS-INTRADAY Inverse H&STCS bounced from FIB 23.6 and still can go up anytime after retesting short term resistance. Also it is making an inverse H&S should bounce perfectly if everything goes as planned.
TCS good but confusing ascending triangle structureTCS forming a very good structure
But it broke down the trend line in the last few hours on friday
The momentum downside may be fake
It maybe true
With upcoming shorting opportunities visible in nifty
Tcs being a heavyweight will surely follow the trend
But we should be ready for everything
So make sure you trade wisely
Keep stop loss accordingly
