TCS Flag and pole pattern Tcs was making flag and pole pattern in 1hr time frame .
Today given a good move . Power of technical analysis.
TCS trade ideas
Tcs cup and handle formation 🍵 on daily time frame tcs forming cup and handle formation, conform above 3215 for target of 3350
TCS - Bullish trend (Intraday - 19/4)Positive Side :
1. Formation of Cup & Handle pattern. Indication for a bull run.
2. The same cup & handle pattern follows for Nifty IT, which gives an additional support for a bullish run for the entire IT stocks.
3. Can expect a huge return, if the market support the uptrend.
Negative Side :
1. Last two monday trading sessions turned out to be a disaster in the market. So, if it follows, IT stocks too can fall along with it. So recommended to keep 20pts below the trendline breakout.
TCSTCS
DAILY CHART
FORMING TRIANGLE PATTERN
BULLISH RSI @ 59
BULLISH CROSSOVER MACD
BULLISH CROSSOVER STOCHESTIC
BUY CMP @ 3183
SL @ 3122
TARGET @ 3522
BUY at current levelmoving averages are converging and
supertrend positive and macd is signalling buy
tcsUptrending stock going to touch their previous resistance level at 1 day time frame .20 and 50 moving averages are in favour of uptrend.
TCS sky-scraping ..keep an eye on tcs because of recently it has breakout , as per price action an chart pattern looks very positive .. pick it for swing ...dyor
TCS now boom.Tcs now wow moving and breaks its major resistance it was a neck line around @3165 which is broken so get ready to new target @3500 ..dyor check the chart
Short Term Cash Buy TCS @3153.00-3156 SL 3101 TGT 3240It broke 3124(R1) and now about to break 3168(R2).
MACD cross at 3122, RSI indicates more upside.
TK cross over at 3088 on hourly chart.
Ichimoku cloud break out at 3101 and look set for getting close to nest resistance 3256 which is close to our TGT.
Tcs trade with very low stop loss (high risk reward ratio)Tcs is showing a breakout from triangle pattern it is a correct time to enter trade because the stoploss is very low and nifty is also moving up.
Buy TCS at cmp and on dipsBuy TCS at cmp and on dips with SL below 2980 on closing basis tgts 3150/3250/3350+
