TradingView
manuagarwal21
Feb 23, 2022 12:12 PM

TCS HARMONIC LEVELS FOR POSITIONAL TRADING 

TATA CONSULTANCY SNSE

Description

TCS is currently in a correction mode, and it is likely that we may see further weakness in the stock, and stock could move lower to 3400 to 3200 levels in the near term.

This is a great stock for Investment and for positional trading also.

I can see butterfly pattern formation on its daily chart, which is suggesting a good support area around 3400 -3367 levels and at 3180-3208

Stock can be bought in tranches as both of these levels can be seen in the stocks.

Disclaimer: Not a recommendation to trade.

Comments
sethbull
Excellent prediction.Today it came to its support level as you suggested 3200.
More