TCS trade ideas
more downside in TCS this weekif the action makes it back to the trading range then the marked levels will be tough resistance to break and might fubnction as last poitn of supply of phase d of distribtuion
or if the action is weak enough it might not even make it though the present broken support
and directly proceed to markdown
disclaimer... not an investing/trading recommendation
trade 1012. growth before earning reports Square off one day before quarterly results and abc over and may trigggered for w3 boost.
Swing trade.
Sl compulsory
985. channel breakout with 3D 2i set up (for intraday only)SL compulsory
Entry at 2095 with 15 pts sl and 2% profit booking zone
TCS - C Clamp on IchimokuTCS has formed a C Clamp on Ichimoku Daily .... entry can be made on hourly chart around 2070... a good to go till 2135 resistance ....
TCS - C Clamp recovery on Ichimoku TCS looks like a C clamp formed on daily. A good entry can be made on hourly around 2070 for 2135 .... note that it has a strong kijun resistance... so carry your trade accordingly
TCS - Best Intraday Trade Setup for 23 September 2019 i.gyazo.com
Here is my Intraday Trade setup in TCS
TCSFacing resistance at trend line.. need close above the line to move else 2065 levels will be seen.
tcs1.triple top on daily
2.inverted pinbar at 21 EMA
3. 21 EMA acting as a resistance
4. twizzeers top on hr ly near 21 EMA
1st tgt 2147
tcs in distribultion phase institutions are in sell
ahead of down fall
better to be in sell side
refer chart for details
TCS set upBuy abv 2220 with stops at 2165 for target of 2290 for cup and handle pattern. The falling USDINR should help the IT sector going forward.
TCS on weekly time frameTCS is in the correction phase, wave A & B is completed, Wave C will end near 1800 (close to ens of A).
