TCS trading at 3422 near important resistance, making inverted head and Shoulder the biggest part is has formed Hammer candlestick pattern at the end of of H&S.
at last trading session again forming hammer crossing above 100 DMA, need to cross this 3430 - 3440 levels and sustain above it will definitely will have a big breakout for 3570 and 3700. Wait and only take position above it.
Trend is positive, as their was a channel breakout which is a trend reversal pattern and then made inverted head and shoulder.
RSI positive above 70.
Disclaimer : These are my personal views ask your advisor before taking position.
at last trading session again forming hammer crossing above 100 DMA, need to cross this 3430 - 3440 levels and sustain above it will definitely will have a big breakout for 3570 and 3700. Wait and only take position above it.
Trend is positive, as their was a channel breakout which is a trend reversal pattern and then made inverted head and shoulder.
RSI positive above 70.
Disclaimer : These are my personal views ask your advisor before taking position.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.