TCS BULLISH; AS PREDICTED ON 11 OCT
ACHIEVED TARGET 2600
TOTAL PROFIT: 21250
BUY srf ABOVE 1750 TGT 1800/1900 SL 1690
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Primary trend of the SRF is bullish and after giving breakout of its range-bound movement, it is forming continuation pattern in short-term charts, it is likely to continue the positive movement with the breakout of the pattern at the levels of 1750 ; as the stock is managing to trade above its 22& 50 and 200 days moving averages with the RSI of 68, one may expect the targets of 1800/1900 in the stock if it manages to sustain above the immediate support level of 1690.
DAILY CHART FOR SRF