“TCS is an interesting stock. It is up 5% today. The interesting part is that on the time front, on 13th and 14th January, this stock will have a very strong turn date. So, I would expect this momentum to fizzle out very soon. Let’s see technically. If the stock sustains below the intraday low of 13th and 14th January, then we would be looking for a very sharp reversal to come through. On the price front, 4200 is a key support here. Once it breaks, a decline towards 4060 and 3950 would be on the cards. Let’s see whether we get a turn or not next week.”
Will TCS Reverse Course Next Week?
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Published by SAAHIL BELIM
MY NAME is SAAHIL and I have been actively trading in EQUITY MARKETS from 2014. I have been using Gann theory in my TRADING JOURNEY since 2016. my approach to Gann THEORY is totally different than what you may have seen or heard in various YOUTUBE VIDEOS. I have developed multiple MATHEMATICAL MODELS which are based on METHODS described by sir gann in his courses. I never had used any kind of CHARTS to identify the TREND. hens I never share CHARTS to illustrate my view. I like to keep things SHORT and to the POINt! View all posts by SAAHIL BELIM
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