TCS
Nifty, Banknifty and top stocks analysis for tomorrow + levelsThe market saw rejection from higher levels today, but banks managed to perform a little better. The short-term structure seems reasonable, but the volatility still continues. Today was a tricky day for intraday bulls, especially if we do not consider the final hour or so.
TCS Good Zones For #Bottomfishing Best Buy Zone: 2889 - 3398
Good Buy Zone: 3398 - CMP
Add on bounce, not while it is falling.
Long Term Portfolio Stock.
Tracking Quantity can be taken at CMP. (Tracking Quantity : Suppose you want to Invest Rs.X in a particular stock. The amount between Rs.X/5 or Rs.X/10 would be tracking quantity) (‘Tracking Quantity’ of a stock in your portfolio will help you keep a track of the stock if it is coming in the indicated buying zones.)(Sometimes Out of sight goes out of mind so buying tracking quantity of stocks that you want to add in future helps.)
TCS HARMONIC LEVELS FOR POSITIONAL TRADINGTCS 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.
TCS 1DTCS currently at the bottom of a crucial zone. It can give a good move either side.
If it breaks down expected target can be around 3100.
If reverses from this zone one can expect a target of 4050+
Trade safe. Manage risk. Be profitable.
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Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
Nifty, Banknifty and top stocks analysis for tomorrow + levelsBudget over rally over? We saw Nifty closing almost exactly at the budget day's closing price, possibly owing to a resumption of FII selling. Where do you think we could be headed? Do you foresee a deeper correction? IT especially looking a little weak.






















