Daily chart, the stock is trading in an uptrend. The technical indicators RSI and MACD are showing higher probability to cross the Resistance line (blue) at around 4020 - 4025 After crossing, the target will be 4733 Stop loss below 3830 should be considered
Hello ladies and gentleman,according my analysis To TATA CONSULTANCY STOCK .there is agreat probability long to 3862 INR.
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Price of TCS is breaking above the support with a breakout and pullback formation. Here we are expecting the prices to revisit the highs close to Rs 3397 with the next move.
HELLO ALL, GOOD EVENING, VERY INTERESTING MARKET CLOSED DEEPLY NAGATIVE, DESPITE OF GLOBAL & INDIAN MARKET, IT SECTOR IN POSSITIVE. Accenture results good, but guidance given some low comparitively less than last quarter. it sector going to anounce jan 12 start with infy. just check TCS, INFY & HCL THESE 1.Closed above moving avg 2. fibb retracement done &...
Providing Weekly Support and Resistance levels for next coming week based on Central Pivot Range and its major support & resistance levels of week, where price can take support and face resistance. Three black lines indicating weekly Central Pivot Range. Previous week high & low also performs as a major support and resistance levels. Can take long & short...
tcs has touched its bottom, as you can clearly see in the chart. i have even said about macd which is also saying to go bullish. previously i had posted on nifty IT, saying that it also has bottom itself, and will now move up. tcs consists of about 25% of nifty it. TARGET- 3800, TAKE A LONG SWING TRADE.
Tata Consultancy Services Limited (TCS) is engaged in providing information technology (IT) services, digital and business solutions. The Company's segments include banking, finance and insurance services (BFSI); manufacturing; retail and consumer packaged goods (CPG); telecom, media and entertainment, and others, such as energy, resources and utilities, hi-tech,...
TCS took resistance at 3327 that is good rejection point. I think it will retest or fall up to the supply zone that is 3262 to 3247 ( resistance zone )
moving averages are converging and supertrend positive and macd is signalling buy
TCS on a strong trend line support 3200 CE very lucrative......
Tata Consultancy services shares - possible drop to 2950
TCS breaks all resistance and moving upward... short-term setup at buy (3130-3160).
TCS bounced from FIB 23.6 and still can go up anytime after retesting short term resistance. Also it is making an inverse H&S should bounce perfectly if everything goes as planned.
TCS has been respecting the range proposed in the last idea. Still waiting to see closing above 2744 for a significant upside. However, we can see formation of a reverse head and shoulders pattern at the resistance line of 2744. This means a breakout on closing basis shall take the stock up fast.
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.
This analysis is purely based on price action and chart pattern. Analysis is done on daily TF hence it may take several days to couple of weeks to reach its target. Traders can also take advantage of this analysis in intraday trades. Trade Strategy along with logic is explained in image itself. Always plan your trade & trade your plan Keep trailing SL...