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tradewithmitra

TCS chart analysis on daily and weekly timeframes

Long
TATA CONSULTANCY S (NSE:TCS)  
tradewithmitra Updated   
NSE:TCS   TATA CONSULTANCY S
Support and Resistance Trend Lines Head and Shoulders Inverse Head and Shoulders patiencepays india
3
1
supportandresistance trendline headandshoulders inverseheadandshoulders patiencepays india
TCS is a buy:

Beautiful chart! It shows resistance getting weaker after multiple tests! It finally broke!

The stock is above 200 periods moving average

Clear break on the daily chart after consolidation

RSI is very strong, actually overbought.

I suggest wait for a small pullback and enter the trade

Target close to 2900

Safe stop-loss is around 1984

Good luck!
Trade closed: target reached:
Target achived!
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