The “Excess” is always good for trade. The 2297 ATH which the value where sellers will attract to short this stock in FUTURE NSE for target 2240 nearby and gravitation of “control price” target is at 2217.
Note: this all levels are for equity and short should be in the future.
TCS is trading at “value high”. I prefer to trade always above the value high on the short selling side. Daily “timeFrame” is used for understanding a clear picture of direction.
To become a subscriber, subscribe to our free newsletter services. Our service is free for all.