TCS breakdown

14 Nis 2021

TCS is looking good on 15 mins chart for a shorting opportunity. Since 23 feb TCS was moving in a channel. It broke out on 5 April and achieved it's target of 3330. But TCS is now ready for a shorting opportunity. Currently as per my analysis it will retest this trend line on 15th April. With a SL of 3170 this trade can be taken for a target of 2958 making it a good swing trade with a 1:5 RRR.