Short TCS after reversing from Upper trend line Short

TATA CONSULTANCY SNSE

Description

⋅ Apr 9, 2018 6:27 AM

TCS is trading in channel.
Previously, before making up move, stock had taken support at 200 SMA.
So, stock may touch 200 SMA again, before making up move.
Good shorting opportunity at upper trend line. R:R ratio is favorable.

Views invalid, if stock closes above trend line.

Comment

⋅ Apr 10, 2018 6:37 AM

I'll update here.. when to short ..

Order cancelled

⋅ Apr 17, 2018 11:09 AM