Positive Side : 1. Formation of Cup & Handle pattern. Indication for a bull run. 2. The same cup & handle pattern follows for Nifty IT, which gives an additional support for a bullish run for the entire IT stocks. 3. Can expect a huge return, if the market support the uptrend. Negative Side : 1. Last two monday trading sessions turned out to be a disaster in...
moving averages are converging and supertrend positive and macd is signalling buy
TCS BUY NOW @ 3150 SL - 3130 TP 1 - 3165 TP 2 - 3185 TP 3 - 3210
It broke 3124(R1) and now about to break 3168(R2). MACD cross at 3122, RSI indicates more upside. TK cross over at 3088 on hourly chart. Ichimoku cloud break out at 3101 and look set for getting close to nest resistance 3256 which is close to our TGT.
symmetrical triangle at supports :)
TCS on a strong trend line support 3200 CE very lucrative......
TCS is trading in an ascending triangle pattern and it has taken strong support near its support trendline with volume. With a Risk-Reward ratio of 1:3, it can give a target of 3300+ which is its all-time high with stop below 3030.
BUY TCS RANGE 3050-3080 TGT1 3120 TGT2 3155 SL 3024 SELL TCS BELOW 3024 TGT1 2980 TGT2 2950 SL 3051
SHORT ENTRY: 47.70 EUR TARGET1: 42.50 EUR (+10%) TARGET2: 36.60 EUR (+23%) STOP: 53.43 EUR 1.) TCS is losing momentum. Couldn't break the 53.00 EUR resistance line! 2.) after a strong upward trend with 2 significant impulses, I expect a 2-step correction. See above TARGET 1 and TARGET 2! 3.) The main business of TCS Group Holding is private customer banking...
POSITIONAL INVESTMENT VIEW IN #TCS BREAK OUT RETEST 3130 - 3140 BUY TCS 3130 - 3140 STOP LOSS - 3040 CLBS TARGET -3250 3300 3050 3600 ++++
TCS IS NOW ON A TREND LINE SUPPORT GOOD TIME TO GRAB THIS GIANT STOCK FOR SHORT AND LONG TERM
Disclaimer: for education purposes only and not recommended for trade Intraday position for #TCS for #intraday on 23/04/21 and each line has it's own entry and exit point.
POSITIOAL INVESTMENT VIEW IN #TCS TCS LOOKING VERY STRONG CMP 3080 KEEP ADDING TILL 3040 STOP LOSS - 3000 CLBS TARGET -3200 3400 3600 +++ NEW HIGH