Short TCS after reversing from Upper trend line
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.
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:
I'll update here.. when to short ..
Order cancelled