MoneyMunch.com

The small value area and narrow channel are plotted on the chart.
For the long trader, the value area found the support at 31186 nearby.

NOTE: Trade always requires verification of move by the few of the points due to live market hours. I will best try to update at live mkt hrs.

Buying and selling should be near support and resistance.

Resistance at 12000 nearby and Support 11807 nearby for small value area.
Detection of two excesses on the chart.

Note: This is a small value which is not reliable as compared to higher, therefore I can say trade with a small stop to loss. Reliability is 85% around.

Due to falling the price, there is very low volume -> (not interested sellers)
After strong price rotation, up spike has been seen -> (buyers wining)

Buy above 1544 is not bad idea VS buying at the dips in support is accurate trade.

Excess has found for short this stock on the 15min chart with range 2154-2124.

• From the Daily chart, TCS has a buy single already triggered and price moving up the side.
• The price is still far from control price.

When to take action?
Answer: buy when the price is below value low, and sell while price makes excess above the value high.

The Control price always attracts the price which your profit booking zone.

I’ll take action only when making an excess.

This is view of Turning Point trade.