1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

TCS

Discussion in 'Technical Analysis' started by sujan4bw, Nov 5, 2012.

  1. sujan4bw

    sujan4bw Member

    Joined:
    Jun 12, 2012
    Messages:
    557
    Likes Received:
    18
    Hi All,

    TCS is looking good.....its target is 1400....1420. It is trading at 1339 now.

    Stop loss is 1290.

    Regards
    Sujan
     
  2. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    I would keep the stop loss as 1250 rather because this stock has never disappointed the investors.
     
  3. chequesuraj

    chequesuraj Member

    Joined:
    May 3, 2012
    Messages:
    104
    Likes Received:
    8
    Shabbir / Sujan,

    Any specific Technical reason TCS is not participating in today's rally...showing negative trend?

    Or just sideways/consolidation pattern...

    Regards,
    Suraj
     
  4. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    Its not necessary that all stocks participate in rise and in falls or else it would be too monotonous market.