MY ANALYSIS

Friday, 17 February 2012

TCS


INV H&S IN TCS. I THINK IT IS NOT A STRONG PATTERN, BECAUSE OF THE TREND LINE IS STRAIGHT.

RISKY TRADE- BUY TCS WITH SL OF WHITE TREND LINE.
IT IS WEEKLY CHART OF TCS. THERE IS TRIPLE TOPS IN TCS. INV H&S IN WEEKLY CHART ALSO. BUT BUY THE STOCK ABOVE THE UPPER TREND LINE. IT IS ACTING AS BIG RESISTANCE.

SELL TCS BELOW THE NECK LINE, BECAUSE OF TRIPLE TOPS.

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