TCS
Trade Setup:
Daily: inverted hammer, indicating buying intention. The volumes are high, which means accumulation at lower levels. As a confluence, the stock is at bottom of channel pattern & strong support level (pink zone).
Entry = CMP ie, approx. 3397 INR
SL = below 200 EMA or support level at approx. 3300 INR
Target = 3700 INE (Next resistance zone)
RR = 1: 2.8 (highly favorable)
Note: on monthly time frame, the stock has exhibited 'evening star' (bearish) pattern. So, be cautious for long term buying.
Daily: inverted hammer, indicating buying intention. The volumes are high, which means accumulation at lower levels. As a confluence, the stock is at bottom of channel pattern & strong support level (pink zone).
Entry = CMP ie, approx. 3397 INR
SL = below 200 EMA or support level at approx. 3300 INR
Target = 3700 INE (Next resistance zone)
RR = 1: 2.8 (highly favorable)
Note: on monthly time frame, the stock has exhibited 'evening star' (bearish) pattern. So, be cautious for long term buying.
Trading ditutup: target tercapai
27Dec21: target reached. super trade! Keep trailing. Most likely the gap will be filled after 3750 INR
Trading ditutup: target tercapai
gap filled ie; target of 3950 INR done
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.