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TATA CONSULTANCY SERVICES LTD.TATA CONSULTANCY SERVICES LTD.TATA CONSULTANCY SERVICES LTD.

TATA CONSULTANCY SERVICES LTD.

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TCS trade ideas

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.
NSE:TCSLong
by VigneshRaja-UthayaKumar