AJ_theTRADER

TCS Positional view

Long
AJ_theTRADER Aggiornato   
NSE:TCS   TATA CONSULTANCY S
TCS is looking good to buy as its quarterly result is on the corner. Also, the chart shows strong support at the 3200 to 3300 zone.
one can take a position on TCS as it has an excellent risk-reward ratio this position.
stop-loss marked with the red line on a daily closing basis.
targets are kept in the green line


thank you!!!
Commento:
wait one more day. before cutting position as it looks like a false breakdown.
Commento:
the first target reached, book partial profit and wait for the second target.
revised stop-loss 3269.
Trade chiuso: obiettivo raggiunto:
precisely at one month both the target achieved in TCS one can book all profit if you as a trader. as an investor can wait is up to you.

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