Channel breakout
Updated
TCS BO in daily TF...TCS moves slowly...so a long term view is in order...i would wait and see if it pulls back or keeps moving...volumes can be monitored. IT sector has been moving up in last couple of sessions.
Note
up 2.3%..CMP 3553Note
Was up 2%..gone up to 3636...now at 3622..slowly and steadily moving up.Note
Completed target 1 - cmp 3724Note
Close to target 2 - 3850...if IT sector keeps up this momentum it will scale greater heights...it is already at it all time high.
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