TCS formed a rounding bottom (CnH without handle) sometime back and rallied afterward and made ATH. Now it looks like it is again forming cup and handle. I will go long just need to time my entry at lower part of the handle.
This type of entry is also called as 'LOW-CHEAT'
Not a buy /sell call do your personal analysis before taking a trade.
Other Positives are
TCS announced a really good result recently
Weak hands booked profits
They may accounce divided soon.
Do read my disclaimer below and follow me for further updates.
Standard disclaimer
I’m not a SEBI registered advisor. I’m also a market learner like everybody else. The analysis given below is based on my own market experience in last few years. I also advise before taking a trade please carry out your own analysis and trade based on your own risk appetite. Trading is all about probabilities and I can be wrong at any time.
I prefer swing trading over intraday trading so most of my analysis is about swing trading only (higher timeframes).
I request you to follow me on my profile to keep me motivated and to post further high momentum swing trading opportunities in the market.
As a rule of thumb never trade more than 10% capital of your account on a single trade and do not risk more than 2% per trade. This can help you to stay longer in the market. The longer you stay in the market more the chances of making profits.
Thank you for supporting me.
#cutyourloserholdyourwinners
This type of entry is also called as 'LOW-CHEAT'
Not a buy /sell call do your personal analysis before taking a trade.
Other Positives are
TCS announced a really good result recently
Weak hands booked profits
They may accounce divided soon.
Do read my disclaimer below and follow me for further updates.
Standard disclaimer
I’m not a SEBI registered advisor. I’m also a market learner like everybody else. The analysis given below is based on my own market experience in last few years. I also advise before taking a trade please carry out your own analysis and trade based on your own risk appetite. Trading is all about probabilities and I can be wrong at any time.
I prefer swing trading over intraday trading so most of my analysis is about swing trading only (higher timeframes).
I request you to follow me on my profile to keep me motivated and to post further high momentum swing trading opportunities in the market.
As a rule of thumb never trade more than 10% capital of your account on a single trade and do not risk more than 2% per trade. This can help you to stay longer in the market. The longer you stay in the market more the chances of making profits.
Thank you for supporting me.
#cutyourloserholdyourwinners