Thursday, September 8, 2011

Short TCS

There is a short opportunity available in TCS. Weekly charts have opened into a strong bear trend and has given a technical pullback to the value zone. Daily chart has ticked down and resistance is present at 1059.00. Short below 1029 with a stop of 1059 for a target of 934.
Posted by at

3 comments:

  1. Trade for a LivingSeptember 9, 2011 at 10:43 PM

    TCS triggers entry on the short trade and has closed positive. Hold on with stop for target.

    ReplyDelete
  2. Trade for a LivingSeptember 13, 2011 at 6:36 AM

    Technology Sector lost the most today and our short trade in TCS has gained momentum on the bearish side. Trend likely to be a broad based range, hold on to stop in this trade.

    ReplyDelete
  3. Trade for a LivingSeptember 15, 2011 at 10:24 PM

    TCS has reversed back closing with and uptick and a Green impulse. Exit short trade above 1045 and await for a short entry again.

    ReplyDelete

Subscribe to: Post Comments (Atom)