Wow! - It was 5 candles & down in the zone 2510-2535 as expected when TCS was dancing at 2600. Later took support in the zone 2510-2535 & pushed upside to 2591.
The latest candle formed at 2591 has long upper shadows & small body which gives an appearance of a shooting star candlestick pattern which indicates weakness. This weakness turns into strength once it moves above its high@2591.
Trading Strategy for Bulls
Next, we should buy TCS only above 2600 where we left last time or look for buying opportunity in 2450-2475 zone if holds & we see TCS not falling any more.
Previous Update - TCS zooms from 2335 to 2600- Solid Performance from TCS counter.

The latest candle formed at 2591 has long upper shadows & small body which gives an appearance of a shooting star candlestick pattern which indicates weakness. This weakness turns into strength once it moves above its high@2591.
Trading Strategy for Bulls
Next, we should buy TCS only above 2600 where we left last time or look for buying opportunity in 2450-2475 zone if holds & we see TCS not falling any more.
Previous Update - TCS zooms from 2335 to 2600- Solid Performance from TCS counter.

Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.