Tata
Long @ 2407Strategy: Buy @ 2407
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TCS was on uptrend and correcting it's uptrend after hitting 2700 resistance zone. Correction was on running flat correction which was supposed to be completed below 2100 levels. Post 2100 support reach, script was able to jump and tested 2550, We are calling it's five wave impulse move in nested manner. 2407 can provide good support level here to go long.
Tata Chemicals : Short Opportunity [Bearish Cypher]We got a Bearish Cypher which offers us better Risk:Reward compared to the usual ones we trade.
Some may have noticed earlier and got into trade and if you haven't then here is your chance still valid to enter the Trade with lesser Risk.
Choose your Stops and Targets wisely according to your Plan.
Hit Agree if you like the Idea..
Share your views/opinions in Comments...
Thanks
Happy Trading !
Tata Consultancy Services (TCS,D) - Chance for Pushdown !A perfect double top is formed in the resistance zone itself.
Q4 results are coming on Monday ( 18.04.2016), so keep a note of it and trade accordingly.
If all goes as our study , we are looking for 100pts downward move.
Trade Safe ! Happy Trading !