This stock has encountered persistent resistance within the 3460 range on multiple occasions. On the flip side, the price has consistently found support along a trendline, leading to upward movements. It's advisable to maintain a bullish perspective as long as the price remains above this trendline. However, exercise caution, as...
TCS looks promising on charts before results. Take the range marked seriously and identify your Risk Reward accordingly. My version of TCS --> Take Charts Seriously :D Luck!
Long above 3108, Keep trailing profits on the resistances drawn, SL 3092 Short below 3088, Keep trailing profits on the supports drawn, SL 3110.
Long above 3166, Keep trailing profits as per the resistances mentioned. SL - 3120 Short Below 3128, Keep trailing profits as the supports mentioned. SL - 3170 One can also do scalping with the help of support and resistances mentioned. NOTE: Please wait for the market to settle down once it opens. Don't just jump into any trade without understanding the trend
After missing the estimates in the second quarter, it took a healthy correction of almost 18% from the high and currently very near to 200DMA point which will be acting as a support for the stock, It is a high time for adding the stock in the portfolio after such a healthy correction for the above mentioned target with given stop loss.
SNIPER STRATEGY This magical strategy works like a clock on almost any charts Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading. It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave. The best timeframe for this strategy is Daily, Weekly and Monthly...