TCS has historically moved in steps. It consolidate for 2-3 years around a level and once broken it moves 600-900 points. This behavior is seen historically from 2011. Consolidation range 760 days - 650 points move (year 2011-13) Consolidation range 1200 days - 900 points move (year 2014-17) Consolidation range 721 days - 650 points move? (year 2018-20).
As per previous movements of TCS, it should see close to 2950 levels (it can take time and won't happen in a day). Although it had declared good result yesterday 7th Oct. Price action analysis is about finding previous patterns/behavior and applying them for future study.