Pattern_Study

TCS - December of Sideways Movement

NSE:TCS   TATA CONSULTANCY S
After a commendable run post good results and buy back. TCS has moved back into its upwards channel and is not consolidating with support of the gap created on Buyback news.

December month is good option to sell calls of 2750 and take long positions on closing above 2750 for 3000 levels.