TCS trade ideas
TCS - 2275 NEXT I'd long this at 1998 zone may not reach the one below since the 50 day is moving up quite steeply
depending on how it opens may possibly short if it lingers around there too long for quick scalp.
slightly confused what the Nifty is up to for very short term but guess its going to keep grinding up to 10500-1070 and then range, while the other stocks continue flying.
Had a red day time for a green .....
thrill phase still in progress in the nifty so waiting on euphoria ... make sure your risk management is in place for laters..
TCS LOOKING BULLISH AS ....MONTHLY CHARTDid not really dip as bad comparatively to other stocks on the 12th of March ..was it?
anyways get excited when stocks reach their ATH and start attempting to go into price discovery .
Always a safe bet to buy on the breakout and scalp a quick 15-20 %
Let see how this plays out .. posted LTF as well.
2275 Then 2888???
raise your stop losses once in profit ..don't be lazy plan your exit before your entry :)
TCS ASCENDING TRIANGLE BREAKOUT AND RISING WEDGE FORMATIONMarket analysis: Tata consultancy has broken the ascending triangle pattern structure in weekly time frame and formed a rising wedge in daily time frame. Also it has formed a double top in daily time frame. So we can wait for the market to break the neckline to start turning bearish. Can execute trades after the wedge or neckline breakout.
TATA CONSULTANCY By Elliote Wave.When we Look toward TCS and drawing Elliote Wave, We will get a clear picture of the price trend.
The price is under the waves 5 Impulsive.
At 1860 You see multiple time push upside price we Can consider as good support level at 1930
"EW Trade " Target 2040-2150 for long
Thanks