Clear weakness in the Indian markets now extending to IT sector

15 Şub

Continued selling pressure dragging the markets with a spillover effect on one of the most resilient sectors. TCS has caught my attention forming H&S pattern over 4 months. This signifies weakness with a stop above 4310 with targets 3780,3660,3455. Lacklustre volumes couples with poor outlook and MAGA 2.0 adds more conviction. Chose the pullback near 4000 and CAPITALISE

28 Şub

İşlem kapandı: hedefe ulaştı

Revise to trailing SL 3595 and ride the wave. Book Partial profits if you have multiple lots.