05th July Trading PlayBook -
Earnings Play - TCS 08/07/2022
INDUSINDBK 12/07/2022
➡️Earnings around the corner - keep a close eye on INDUSINDBK & TCS
➡️ Charts are setup beautifully , could the earnings act as a catalyst for the move ⁉️ or do these scrips remain range bound ⁉️
➡️ Levels of 845 acting as a strong resistance for INDUSINDBK look to place your trades on the formation of a bullish continuation or bearish reversal pattern.
➡️ Similarly TCS has been trading in the range of 3160 to 3300
✅3160 acting as the value area
➡️ Levels of 3200 acting as the point of control for the bulls
➡️ Idea is to look for the formation of a bullish / bearish pattern around these zones.
⚠️ Trading Stock Options May Not Be Suited For Every One , Kindly Do Your Due Diligence Before Initiating Any Trades. Information Shared Is For Educational Purposes Only.