aktradelearning

TCS Price volume analysis

aktradelearning Aktualisiert   
NSE:TCS   TATA CONSULTANCY S
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
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On hourly tf ; expecting pullback's till marked levels ..once resistance is broken

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TCS still in same band

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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 ...
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TCS moving as per expectations
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Almost at target zone
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TCS hits target zon as mentioned

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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
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TCS running smoothly
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TCS 3300+
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TCS bottom reversal picked up and now fresh 52Week high
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TCS on Dividend adjusted chart did a highest weekly close

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