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
Keeping this in radar to see if there is any short covering which gets triggered
Catatan
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 ...Catatan
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
Catatan
TCS running smoothlyCatatan
TCS 3300+Catatan
TCS on Dividend adjusted chart did a highest weekly closePernyataan 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.