TCS - Intraday / Swing Trade SetupTCS CMP - 2679.65
Looking bearish in higher time frame. One can go for Intraday / Swing Trade setup with the following entry, exit & targets
Sell at or Below 2678 Only / Stop Loss - 2692
Target 1 - 2668
Target 2 - 2658
Target 3 - 2648 / 2635
Disclaimer: This is my view and for educational purpose only.
TCS trade ideas
TCS - December of Sideways MovementAfter a commendable run post good results and buy back. TCS has moved back into its upwards channel and is not consolidating with support of the gap created on Buyback news.
December month is good option to sell calls of 2750 and take long positions on closing above 2750 for 3000 levels.
TCS - Breakout & Retesting (Bull Flag & Double Bottom) - SwingThis analysis is purely based on price action and chart pattern.
Analysis is done on daily TF hence it may take several days to couple of weeks to reach its target. Traders can also take advantage of this analysis in intraday trades.
Trade Strategy along with logic is explained in image itself.
Always plan your trade & trade your plan
Keep trailing SL accordingly once entered into the trade.
This analysis is purely for education purpose. Kindly do your own study before entering into any trade .
Feel Free to comment for any query and suggestion.
TCS - Bullish H&S pattern in making - Short Term Swing TradeThis analysis is purely based on price action and chart patterns.
The analysis is on One Hour (60min) TF hence target can be achieved in a couple of days to a week or so.
Trade strategy is explained in image itself.
Don't run after the price.
Always plan your trade & trade your plan
Keep trailing SL accordingly once entered into the trade.
Trade at your own risk and money management
Feel free to comment for any queries & suggestion