TATA CONSULTANCY SERV LTDMis à jour

TCS Price volume analysis

TCS on daily chart is showing a horizontal breakdown of support, however as I read it -neither the breakdown candle didn't had much volumes nor there is any follow up volumes on subsequent days so far, infact the low of the breakdown candle is stil intact and possibility of this being a bear trap setup is higher in my opinion.


Keeping this in radar to see if there is any short covering which gets triggered
Note
On hourly tf ; expecting pullback's till marked levels ..once resistance is broken

snapshot
Note
TCS still in same band

snapshot
Note
TCS hasn't really moved after breakdown, what does it indicates ..either a consolidation before a fresh down move or ....what I believe that a recovery is on cards ...
Note
TCS moving as per expectations
snapshot
Note
snapshot
Note
Almost at target zone snapshot
Note
TCS hits target zon as mentioned

snapshot
Note
3267 as was marked target based on hourly charts, TCS hits that almost today ..today's high was 3264.

Target done for now, will look for fresh opportunities later on
Note
snapshot
Note
TCS running smoothly
Note
TCS 3300+
Note
TCS bottom reversal picked up and now fresh 52Week high snapshot
Note
TCS on Dividend adjusted chart did a highest weekly close

Clause de non-responsabilité