Wednesday, May 3, 2017

STOCK FUTURE TRADING TIP FOR 04 MAY 2017


buy tcs BELOW 2350 tgt 2370/2400 sl 2300

The Primary trend of the TCS  is bullish and after giving breakout of its MONTHLY PIVORT POINT range bound movement, it is forming continuation pattern in short term charts, it is likely to continue the positive movement with the breakout of the pattern at the levels of 2350 ; as the stock is managing to trade above its 22 and 55& 200 days moving averages with the RSI of 45, one may expect the targets of 2450/2500  in the stock if it manages to sustain above the immediate support level of 2250.first resistance level seen on charts at 2400.
DAILY CHART FOR TCS:



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