TCS made a Hammer on Friday. The sellers couldn't push the price lower and it bounced from the support. Also there was a harmonics reversal pattern.
Considering this, a long entry can be initiated on break of friday's high around 2170.
SL can be 2125 for positional.
Positional Tgt are marked in the chart as 2192,2238,2302
Intraday SL can be 2150 with tgt of 2190
Disclaimer: I am not a SEBI Registered Analyst. This is for educational purpose and my personal view. Please take position after consulting your advisor.
Considering this, a long entry can be initiated on break of friday's high around 2170.
SL can be 2125 for positional.
Positional Tgt are marked in the chart as 2192,2238,2302
Intraday SL can be 2150 with tgt of 2190
Disclaimer: I am not a SEBI Registered Analyst. This is for educational purpose and my personal view. Please take position after consulting your advisor.
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