TCS has been under profit booking for a long time. July momentum suggests that we may finally see a trend reversal in August. Will look to enter as soon as price touches 3340-3350 levels with SL @3300 and target @3500.
Trade active:
Entered with average price 3333, SL @3275
Trade active:
Trade has crossed 1:1 risk-reward so we should not let this convert to a loss from now. SL shifted to buying price (3333).
Trade closed: stop reached:
Market opened below SL. Exited @ opening price with a small overall loss.
