July 10, 2015

TCS breakout failure

- posted a breakout from triangle few days ago
- this breakout failed
- and this is how the charts look


Same chart but on monthly time frame... nothing to do

This fact was there when the triangle breakout was posted... mistake was not in seeing the bigger timeframe.

Risk management (at this time) is the only thing which will limit losses.


SEBI disclosure applicable

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