TCS has given a breakout today & it's also at a good level to catch
Why TCS over all other IT Stocks
TCS
Reason: Strength
When all others were in sell-off facing selling Pressure. It was the only standing man. Where the candles were forming was quite demanding.
Similarly, I've told some stocks in the Nifty Infra setup
ULTRACEMCO
GRASIM
Don't forget to follow
Follow for your learnings, not just for what I said
Why TCS over all other IT Stocks
Reason: Strength
When all others were in sell-off facing selling Pressure. It was the only standing man. Where the candles were forming was quite demanding.
Similarly, I've told some stocks in the Nifty Infra setup
Don't forget to follow
Follow for your learnings, not just for what I said
Nota
TCS is About to breach its yesterday low. Down more than 1% is not a good sign for momentum. waiting for the index to take Support because as a large cap it tends to follow the index ;-) Support can come from yesterday's low too.Nota
TCS Worked Well for Today seeing rejection from the downside after Gap filling. Bulls are still having upper handNota
#TCS is Again Down because of index profit booking a lot of events ahead.Nota
IT, Metals, and Autos are weaker today.. volatility is kicking in because lots of Events are ahead now. Expecting stocks not to perform well for fewer days and all decent holding trades so one can hold these or takes SL.Nota
TCS is currently the gains-destroyer for me. My outlook for TCS is a little long-term, which is why I'm not cutting it, but if it falls more from this, I might be persuaded to sell some calls above it.Nota
Now I'll defend my position by selling Calls above the resistance level until IT stocks regain support.Pubblicazioni correlate
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.