manavtechresearch

ASCENDING TRIANGLE PATTERN IN WEEKLY CHART OF TCS

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NSE:TCS   TATA CONSULTANCY S
*stock is slowly climbing from the bottom
*it has been creating higher lowers
*right now the stock is in the supply zone of 3480-3500
*if we move above previous week high of 3505
*will initiate a long with the low of previous week 3349 as stop
*stock on weekly chart has created a ascending triangle pattern
*based on the pattern i expect a target of 3750-3850 on the upside on minimum basis

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