The latest candle formed at 2591 has long upper shadows & small body which gives an appearance of a 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.
Abhishek H. Singh, CMT
India Regional Manager
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ