TCS Caution while Trading Divergence Move

134
Hello Traders,

As we all know the Current trend of the IT sector is bullish & as we can see TCS making new highs.
But will the breakout move sustainable or not.
On the hourly chart there was a Strong volume on Last 2 hours of Friday session.

Is it a Volume trap shown to us or something else is Cooking inside. Dont just rush to trade TCS on monday.
Just wait for the confirmation for the breakout levels to be Retraced on higher timeframes.

Thank You
Prince

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.