After a big run TCS paused for some time. And didn't close in weekly candle below 2650. Now it's looks like to ready for another break out in chart and RSI. If close above 2680 in 1 hour candle buy simple.
TCS just broke the supply really undervalued companied among other tech giant having price in $ not justifying the price here.
this stock value more than 5000 rs we just stated here
below 2350 is a good buy with stop below 2100
Short Term Cash Buy TCS @2360.00-2367.7 SL 2313.7 TGT 2449(Short term trend remains positive)
Last time we did 2285->2360 and booked good profit, it is continuation of short term trend.
Above VWAP and about to break R2 2378-2383 once it breaks it convincingly can see upside in the range 2450-2490.
MACD cross over + TK cross over + folloed by ichomoku cloud break out
I am looking at TCS for long time, well for one month, but it did not brake to new highs.
Now it broke the descending triangle pattern.
Does it give the similar brake out like infy or wipro?
Your humble trader
Short Terma Cash Buy TCS @2275.00-2280 SL 2214 TGT 2395
Crosses the pivot point 2267 and next resistance 2318/2378/2490
We expect the momentum to continue as its above VWAP and TK cross over with MACD cross over
TCS Breakout Regression trend and stock Hit last Target 2245 and closed above. TCS has more then 20MA volume since last 3 treading session
Showing BULLISH in all indicator:
CCI in Overbought
RSI near to Overbought zone
Stoch in Overbought
Higher High since 3 day
Stock outperforming from Benchmark and Sectoral...