Only for Educational purpose.
This stock TCS is right now in good area where buying could be initiated, we have noticed that the price is right now at lower point of parallel channel in daily time frame, where demand zone is also co-incidentally matches and 200DEMA is also at same level of that area zone, but its not confirmed yet to go long, if any type of bullish candle pattern is seen in lower time frame like 30 minutes or in hourly then it could be an opportunity to go long after checking all parameters are aligned or not for trade, with stop loss of last swing low, don't jump directly to buy, do your own studies these types of scenarios on regular basis, check how they works check the probabilities of price directions or price actions.
Thanks.

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My studies are for educational purpose only
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Chart PatternsTechnical IndicatorstataconsultancyTCStcsanalysistcslongtcstechnicalanalysistcstrendTrend Analysis

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Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
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