TCS trade ideas
TCS set upBuy abv 2220 with stops at 2165 for target of 2290 for cup and handle pattern. The falling USDINR should help the IT sector going forward.
TCS on weekly time frameTCS is in the correction phase, wave A & B is completed, Wave C will end near 1800 (close to ens of A).
TCSBroken an upwards triangle or channel on the downside.
Support mentioned at yellow lines... But it may reverse from current levels to hit targets in green
BULLISH BAT BUY TCSBULLISH BAT
BUY TCS 2060/2045 SL 2030 TARGET 2085/2120/2145
CMP 2171
DATE 8-7-2019
TCS sustaining above 2285 + strongTata Consultancy Services (tcs) sustaining above 2285 + will touch 2400-2600, Cup and handle pattern. (Weekly view).
Tata Consultancy Services Ltd Technical Analysis Stock Market InTata Consultancy Services Ltd Technical Analysis Stock Market India
Tata Consultancy Services its provides consulting-led integrated portfolio of information technology (IT) and IT-enabled services delivered through a network of delivery centers around the globe.
350 SAN. TL Breakout with volumeDisclaimer:
Please consult with your financial adviser before making any trading or investment decision. Set-up provided here is for informational and educational purposes only.
This is not a sell or buy recommendation. We are not responsible for any gain or loss; Consult your financial advisor before your execution of trade.
There are heavy chance that most of the presented scripts does not meet set (described) entry conditions, as most of the posted analysis are based on Static ANalysis (SAN). Many times scenarios does not arise for good and ideal entry points. Hence needs personalized intraday techniques and strategies (PITS) are required for your entries and exists Always run with SL. Wavozen1 aims to publish real-time entries and exits.
Set-up presented here is for observational purpose only and most of the set-up designed by WavoZen is based on SAN for intraday purpose only to get the basic structure for intra-day short term or ultra-short term purpose only. Most of the set-up is valid for a day or otherwise mentioned. Hence requires your fine tuned personalized intraday techniques and strategies (PITS) based on Real-time Analysis (RT)/ Dynamic ANalysis (DAN) to get benefit from these structures or to have minimum loss, if wrong through your PIT Strategies (your trade plan). Overnight events, Gap-up opening, gap-down opening, news, major economic data release etc may impact the deviation from the assumed scenarios. If entry conditions and criteria are not meet, then we should not take any chance to enter on assumed scenarios. If there is a deviation in assumed scenario in time, speed and angle and these deviations will not encourages for entry as referred as entry not valid (ENV). Daily post appears on stocktwits.WavoZen. Abbreviations: PT1: Profit taking point 1; PT2 =profit taking point 2; SL: Stoploss point. ENT: Entry not Triggered; ENV: Entry not valid.
Sell if it breaks from the current level for a target of 2190Sell if it breaks from the current level for a target of 2190
TCS Short IdeaTCS looks like making a bearish rising channel where strength is getting faded slowly.
tcs looking to buy to1.272 fibs or drop to 88.7 fibs for retesttcs looking to buy to1.272 fibs or drop to 88.7 fibs for retest
290.SAN. Mm pattern - BV Set upDisclaimer: Set-up shown here is only for educational purpose only; This is not a sell or buy recommendation. We are not responsible for any loss or gain; Consult your financial advisor before your execution of any recommended trade.
There are heavy chance that most of the presented scripts does not meet set (described) entry conditions, as most of the posted analysis are based on passive analysis (PA)/ Static ANalysis (SAN). Many times Market does not provides good and ideal entry points. Hence needs personalized intraday techniques and strategies (PITS) for your entries and exists (Profit taking point 1 (PT1 or PT2) or Stop loss points (SL)). Always run with SL.
Set-up presented here is for observational purpose only and most of the set-up designed by WavoZen is based on SAN for intraday purpose only to get the basic structure for intra-day short term or ultra-short term purpose only. Most of the set-up is valid for a day or otherwise mentioned. Hence requires your fine tuned personalized intraday techniques and strategies (PITS) based on real-time Active Analysis (AA)/ Real-time Analysis (RT)/ Dynamic ANalysis (DAN) to get benefit from these structures or to have minimum loss, if wrong through your PIT Strategies (your trade plan). Overnight events, Gap-up opening, gap-down opening, news, major economic data release etc may impact the deviation from the assumed scenarios. If entry conditions and criteria are not meet, then we should not take any chance to enter on assumed scenarios. (ENT= Entry not triggered). Daily post appears on stocktwits.WavoZen.
TCS trading on indecision PointTripple top and made a rounding top. Tripple top is an indication for a bearish move and rounding top is bullish. so clearly TCS is trading on indecision Point.
Book profit if you were in long and wait for a clear move for short term swing
