(Intraday/ Positional Trader) Short! TCS Not Ready Yet

10 May 2020

1. On Drawing AB=CD Pattern on Day Chart.

2. TCS took the reversal from the 0.618 level from Pre COVID 19 Price to Recent Lowest Price.

3. For the Complete formation of AB=CD Pattern , Assume BD=1.27. D Point Form at Rs1537.

4. On Recent , Descending Triangle Formation on 30M Chart.

5. Intraday- Sell Below 1880 Target: 1874, 1856 , 1833 Stop Loss :1890

6. Positional Trader: Sell Below 1880 Target :1807, 1730 , 1653 , 1635 Stop Loss: 1890 (Please Trial the Stop Loss Because Targets are too High)

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