TCS - Swing Trade - 22nd February #stocks

23 ก.พ. 2024

TCS (1D TF) - Swing Trade Analysis given on 22nd Feb, 2024

Pattern: FALLING WEDGE
- Pullback candle at Support - Done ✓
- Volume spike at Support - Done ✓
- Trendline Resistance Breakout - In Progress
- Retest & Consolidation - In Progress

#stocks #swingtrade #chartanalysis #priceaction #traderyte #TCS #stockmarket #sharemarket #viral #sharemarketindia #StockMarketindia

16 มี.ค. 2024

การซื้อขายยังคงดำเนินอยู่

TCS Update (as of 16th March, 2024)

✓ 5% in 14 Trading Sessions

- The Sector has been holding strong and TCS has been slow but consistent
- The last week has had a lot of ups and downs
- Our Target Level has almost been achieved
- Based on the Sector analysis, the Target for TCS has been slightly increased to 4345
- TSL or SL is Mandatory cause the market is all over the place
- Capital preservation is key

18 มี.ค. 2024

การซื้อขายยังคงดำเนินอยู่

TCS Update (as of 18th March, 2024)

✓ 5.5 % in 15 Trading Sessions

- First Target Level has been achieved
- News to Support our Second Target Level has come in as well
- Logic is to get in earlier before the news comes out and book profits and exit before the crowd enters in FOMO

22 มี.ค. 2024

บันทึก

TCS Update (as of 22nd March, 2024)

- So after a long time I broke my Rules and held a position based on random news. Absolutely my fault !
- The stock price fell 9% from its record high of Rs.4254/-
- And I am holding in a 4.5% loss right now because I had entered at Rs.4100/-

What Triggered was:
- The 2.34Cr worth of Shares sell-off from TATA Sons initiated a gap down on 19th March
- And today (22nd March) the IT sector was a drag down nearly 3% down; but its pulled back to around a 2% down

Currently:
- I am still holding through for my Targets; just that its going to take slightly longer than expected

* Disclaimer