dhananjay.d.joshi

TCS break of down trend and expected move

BSE:TCS   TATA CONSULTANCY SERVICES LTD
snapshot

TCS             is out of down trend channel formed on daily chart , price is moving up forming new swing highs and lows which is good sign.

In short trade one can book some profit around 2309, if price continue current short term up trend then one can hold the position till supply zone .
As expected price touched the demand zone and closed above our entry level. :-)
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Thank You.
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