TCS currently trading at 3220 level, long position can be opened with the target price of 3400 with the stop loss of 3165 on closing basis.
2nd stoploss can be placed at 3100 levels on the closing basis.
If it breaks 3100 levels on daily closing basis then it will open target price of 2970 levels.
Volatility can be expected in the price as quarterly results are expected on 12apr so keep both long and short targets in mind with strict stop loss.
Please consider doing your own research before opening any trade.
2nd stoploss can be placed at 3100 levels on the closing basis.
If it breaks 3100 levels on daily closing basis then it will open target price of 2970 levels.
Volatility can be expected in the price as quarterly results are expected on 12apr so keep both long and short targets in mind with strict stop loss.
Please consider doing your own research before opening any trade.
Trade attivo:
Long position can be opened as it is near retesting line i.e. SL1