Positional Call  –  buy TCS above 1540 sl 1440 target 1680-1850

holding period 2-3 month

Technical study – TCS chart clearly indication that it has just made 1 month high in last trading session, even recent pattern of past 1 month suggest that TCS made double bottom at 1440 level and given decent bounce from there and able to break the upside resistance.

With the technical study we can say that it has made symmetric triangle on chart, and last trading session it has broken upside supply trend line, so one more positive close above recent high can confirm its up move.

Even TCS taken support at 100 SMA around 1450-80 range.

so basic study confirms that if TCS able to break 1540 and close above this level then we can see 150-300 rs. move in coming days.