POSITIONAL INVESTMENT VIEW IN #TCS BREAK OUT RETEST 3130 - 3140 BUY TCS 3130 - 3140 STOP LOSS - 3040 CLBS TARGET -3250 3300 3050 3600 ++++
Disclaimer: for education purposes only and not recommended for trade Intraday position for #TCS for #intraday on 23/04/21 and each line has it's own entry and exit point.
POSITIOAL INVESTMENT VIEW IN #TCS TCS LOOKING VERY STRONG CMP 3080 KEEP ADDING TILL 3040 STOP LOSS - 3000 CLBS TARGET -3200 3400 3600 +++ NEW HIGH
Continuation of profit taking !! Lot of buying has been happened in the IT market in recent times . Just a sign of weakness in the market and profit taking start's . That's the current scenario of most of the right now !!
As this is the continuation of previous video , in this video you could watch how I added to my shorts in this video and took a bit of partial.
As everybody knows there's a lot of good news going on in TCS , that's the reason everybody has bought TCS even at higher valuation . But , at this stage even the market need's a bit of rest and at the same time the TCS one of the big bull of Indian Stock market need's a rest . That's the reason the market and TCS stock's are coming down.
Ichimoku cloud break out + MACD cross over + TK cross over + Above VWAP so we expect rally to continues 2350-2400
head and shoulder pattern, the stock could go down to 2100 level
TCS if moves Below 1890 it is going towards 1850 - 1820 Stop is at 1905 and 1912 CMP 1902 Stop 1912 Tgt 1855 and 1833 Do not follow blindly, please do your own research.
TCS: Stuck in a range If the upper range is not broken, downside is imminent
Strong Resistence at 2290 Price rejected multiple times Strong bearish divergence in RSI TGT 1 - 1930 TGT 2 - 1800
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