LONG TERM IDEA WITH TRAILING RISK OF 30 WEEKLY MOVING AVERAGE PIVOT -Inverted H&S -Above 30 weekly moving average - More than two times average volume - relative strength positive but trendline break out due - overhead resistance is there but more than two years old
Positional Idea of PULLBACK on WEEKLY time frame with a BULLISH ENGUFING CANDLE on WEEKLY and crossing 21 EMA too. ALSO MONTHLY RSI IS GREATER THAN 60
TCS forming rounded bottom and increase in volumes. Preferably a BO candidate with target around 3100
L&T infotech clearly makes ascending triangle pattern along with reduction in volatility over the weeks.