TCS BuyTriangle breakout given...Tgt activated and posted on chart..for traders stoploss is mentioned....investors just buy in tranches
TCS trade ideas
TCS - Bullish as long as above 3300As long as TCS holds 3300, expecting upside move towards
Target 1 3330
Target 2 3350
Target 3 3400
View invalid below 3300 on daily closure.
Earnings on 12-Jul
#TCS
#Tata Consultancy Services
TCSIt is breaking out in ratio chart and hence long can be initiated here with reasonable SL of 3% for target of 6%-8%
TCS.... Run upto the result...IT has been showing mixed trend...
TCS is technically approaching resistance...
have marked important.... levels.... for trading purpose...
enjoy
FIRST PICK OF Q2 RESULTS TCSTCS, scheduled to announce its results on 12th July, appears to be a promising choice. Despite the overall bullish momentum in the Nifty, the Nifty IT Index has yet to showcase notable performance. However, it is anticipated that TCS will emerge as a frontrunner and lead the Nifty in the days to come. This expectation has generated optimism for a significant rally in the stock. Specific targets and stop loss levels can be found on the accompanying chart, providing investors with a clear roadmap for their investment decisions. Given the upcoming results and the favorable market conditions, TCS presents a compelling opportunity for potential gains.
TCS...short term trading and Long term investment buyFor traders buy with the stoploss when price goes below the breakout horizontal line...For investors buy for a long term ..tgt is the previous all time high
TCS Go for longDB broken and nifty IT is upside ...
Target 4000
For longer time its in sideways , now its broken
Tcs is being in a channel from past few days Tcs is being in a channel from past few days If tommorow market open flat and breaks the channel pattern either side we can take a trade
TCS Low Risk High Reward IdeaAs per my analysis NSE:TCS is now ready to move upside for big levels. My buy level is 3189-3195 with stop loss of 3155 (-44 Points Risk). My expected upside target would be 3234 (+45), 3275 (+85) & 3435 (+246). This could be very low risk and high reward opportunity.
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
TCS--3400 or 3200??Observations::
Before going to rise again, price wants to test the demand at 3200 range.
Previously strong fall is observed from this zone @3400 range,
now its showing again bearishness...if this continue to fall happens up to 3225-3200 range..
look for buy in this zone...
we have a strong demand zone previously in this level, may again push the price above 3400 range.
TCS BULLISH DIVERGENCE TRADE SIGNAL - BUY(a) TCS has formed a strong bullish divergence pattern on the daily chart indicating bullish movement
(b) It has also CROSSED OVER 200 SMA recently making the likelihood of the bullish movement even more stronger
(c) On top of that it has also broken out of the resistance NECKLINE of the recently formed HEAD & SHOULDER pattern which it had earlier respected & had tested a few days ago
(d) All these above mentioned patterns are indicating that tcs is ready for a ride upwards
TCS viewsAs disclosed, in the chart drawing, this is a special example of looping the zone, to take a rigid grip around the support zone.
Worth watching it if it happens as per the analysis.
TCS is in good accumulation zone for larger upside in makingTCS being the mammoth of the Indian IT pack..is showing strength and decent consolidation with accumulation. Trending around lower end of Fabonacci levels making it a good candidate for accumulation in portfolios with averaging till 3100 level in down side and target of 3550-3750-4000+ in next 9-12months. RSI shows oversold position with growing delivery volumes. Making it a tempting buy with larger upside and much lower downside from existing levels. Valuation wise too it has corrected to fair value as compare to peers, hence this will lead the IT pack revival in next couple of quarters.
tcs idea for long at retracementslong when the latest retracement is completed. levels mentioned in the charts.
Tata Consultancy has done a Trend Breakout as expected. Tata Consultancy Services (TCS) has recently experienced a breakout from its previous trend and is expected to retest a lower level at the highlighted support. The bearish momentum observed in the past few days has confirmed the anticipated bearish breakout. It is important to observe the price reaction at the highlighted zone following the retest from the support level.
TCS BUY
Source : Weekly Demand
Destination : Weekly Supply
Confirmation : 4H
Trade : Long
Zone : 60 min Demand
Entry : 3288.70
Sl : 3265.15
Tp : 3436.85
Risk : 23.55
Reward : 148.15
Ratio : 6.29
TCS - POSSIBLE BEARISH MOMENTUM ON THE KEY LEVEL FORMED
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Please note that any trading updates provided here are for educational purposes only, and it is always advisable to conduct your own research before making any investment decisions. It is important to ensure that all conditions are met before following any trade plan suggested in this update.
TCS w pattern break outThere is bullish pattern break out in TCS.
We can expect 5 to 6% movement in coming days..
TCS - Bullish Swing ReversalNSE: TCS is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
Preempting Move .Expecting a Good Green Candle for Today which should Close around 3310 and then expecting so more up move for this month which can extended up to 3363.
please Asses your risk before entering the trade.
Preempting the candlestick pattern...
All the best.
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short Tata consultancy servicesNSE:TCS has formed a double bottom pattern. But it had not given the breakout It's still below the neckline. And the volume is also low as well as the 50 moving average is downwards direction. The 50 moving average is working as a resistance right now. So it's good time to take a short position.
target 3101
stoploss 3237
