Tuesday, February 21, 2017

TCS- Changing the trend

Markets / Stocks runs in cycles-
For an early entry you need to identify a change in the cycle (trend). 
In this case TCS was so far trading in sideways trend. With a breakout in last 3-4 days there is an evidence that there is a probable change of trend in TCS. So the new trend is an uptrend.
TCS daily chart below-