TATA CONSULTANCY SERV LTD

TCS FOR SWING TRADE

TCS Swing Trade Idea

Timeframe: Weekly
Observation:
TCS has entered a strong demand zone on the weekly chart, indicating a potential reversal or continuation of an upward trend. The price action suggests that buyers are actively defending this zone, providing a solid risk-to-reward opportunity.

Analysis:

Demand Zone: Clearly visible on the weekly timeframe, supported by historical price reactions.

Volume Profile: Higher buying volumes observed near the demand zone, adding conviction.

Risk-Reward Setup: Place a stop-loss slightly below the demand zone with targets at key resistance levels (based on Fibonacci or previous highs).


Disclaimer: This is for educational purposes and not financial advice. Please do your due diligence before trading.

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