TCSA Contracting Triangle pattern in the making. CT is a difficult pattern to trade. Price may jump on to either of the sides. At present TCS has a short term negative bias. Longby ParimalDevnath2
TCSBuy 1994-97, Trgt 2025-30, SL 1985. Strong uptrend and consolidating for last 6 sessions in a very small range. Longby ParimalDevnath2
TCS, ResistanceI gave the level for trade at 1900, now 1914. In future I shall be quite specific in giving a trade call. Longby ParimalDevnath1
TCS, ResistancePrice at crucial resistance point 1900 where bears have written Calls. Crossing this and staying above will give a big breakout. Else correction. Q1 result next week.Longby ParimalDevnath1
[Long term] TCS HODLI think we should get to 2300 fairly shortly, at which point it will consolidate before heading to 5000. In this case I will be out at 2300 since I took my position very late and so I cannot withstand a move back to the bottom trendlineLongby Astatine2
TCS, Rounding BottomIs it ready to breakout? Good news about buy back proposal is a booster. If breaks out of the Rounding Bottom pattern, target could be 100+ points northwards. Longby ParimalDevnath2
TCS, SupportPost bonus and in the light of the new valuation, price is forming a base. This support may be taken seriously. The scrip is in strong bullish phase. Longby ParimalDevnath0
TCS, BonusPrice halved due to bonus in 1 to 1 ratio. Traders, investors and speculators will evaluate the financials of this second most valued stock in this new light. This will take time. Till then this counter may be avoided. Longby ParimalDevnath2
TCSThis is what I wrote on 24th May: This is what I wrote on 21st May: 'It is to face tough hurdle at 3610-15'. Today price made a high of 3615. Now if this level of 3610-15 can be saved by bulls, which may not be easy, it will be another breakout taking the price to new highs. Shortby ParimalDevnath1
TCS, ConsolidationThis is what I wrote on 21st May: 'It is to face tough hurdle at 3610-15'. Today price made a high of 3615. Now if this level of 3610-15 can be saved by bulls, which may not be easy, it will be another breakout taking the price to new highs. Longby ParimalDevnath1
TCS, BreakoutIt is a breakout stock. Now price is consolidating in a small range prost major breakout. It is to face tough hurdle at 3610-15. If this level is cleared by bulls, it will be the second breakout taking the price to new height. Closely watch 3610-15 particularly on closing basis. Longby ParimalDevnath1
Tata Consultancy Services - Elliott Wave countTata Consultancy Services seems to be riding wave 5 of wave (5). Will peak at around 3650 and then there will be a huge correction.by PE_Ratio1
TCS: ITFrontline IT stock made maximum gain in recent days. Now there is profit booking to be seen. No. Trend may not change so soon. Wait to enter long when correction or consolidation happens. Longby ParimalDevnath1
TCS, BreakoutA breakout stock, this IT conglomerate is a buy on pullback, if it comes, or if consolidation occurs.Longby ParimalDevnath0