Ascending Triangle on TCS - Long Long

TATA CONSULTANCY SNSE

Description

⋅ Nov 6, 2016 4:07 PM

https://in.tradingview.com/chart/VIWWreWy/

Ascending Triangle formation on TCS 1 hr chart.
Bullish Sign.

Buy above 2338
Target 1 - 2360 / 70
Target 2 - 2400
StopLoss - 2290

Order cancelled

⋅ Nov 7, 2016 7:46 AM

Broken in opposite direction so cancelled this call..

TCS tata IT niftyit Ascending Triangle

Comments

ShanTrader

⋅ Nov 6, 2016 5:46 PM

Nice Chart. Do also feel that TCS may touch 2400-2420 range as it faces resistance in that zone. A bullish move above 50 EMA will provide further confirmation.

raj3elite

⋅ Nov 6, 2016 5:49 PM

Thanks brother, Yes I do agree. Once the price move above 50 EMA, it will 2400 / 2420...