TCS Buy -Long Term Bullish Channel, at key support levels now

20 nov 2021

TCS has been in long term bullish channel for few years now and has been moving within the parallel channel for a while. Right now it's consolidating at the lower end of the channel and might test key support levels at the lower channel trend line and 3385 levels. Long term investors can start accumulating at these levels even if there's a slight risk of pull back. TCS will hit the all time high above 4000 by Jan 2022 with stronger quarterly results.

3 dic 2021

Nota

Perfect call. TCS hit the lower end of the channel and bounced off sharply, 7 consecutive green candles.

16 gen 2022

Nota

TCS hit 3977 yesterday , pretty close to 400 call that I gave on Nov 20 2021, when it was trading at levels 3385

18 gen 2022

Trade chiuso: obiettivo raggiunto

TCS crossed above 4000 today making all time high. I believe it will try to 4200-4250 next, hitting the upper channel trend line.